Post by
apapas1973 on Jun 20, 2023 8:46pm
All juniors undervalued at the moment.
Whether you're looking at EVNI, CNC, FPX, TLO or Giga, they're all suffering to a certain degree. These companies need to start trading closer to fair value or we're going to go through a phase of major consolidation at pennies on the dollar. Would be a shame for that to happen to EVNI. What I will say is that I think the trend will be set with whatever happens to CNC. They're going to be first out of the gate with production . They're further ahead than the others, with a massive land package and some higher grade properties. They also have Anglo as the strategic partner, PEA done on their main property and feasibility due in September. And EVNI is trading at such a discount based on what we have that there could be some serious upside if we get looped into a strong upward trend. But being a micro junior of course there are risks. GLTA
Comment by
sandro74 on Jun 21, 2023 9:55am
Yes a lot of Nickel juniors are undervalued but EVNI has a GREAT Capital Structure at this stage of the project with only 51M shares issued. It's just a question of time here to go to the next level.