Seeking multi-million ounce gold deposits in proven gold producing areas in the USA
Evolving Gold Corp. is well positioned for future growth and development.
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  • 12 More Companies Added To Schedule For Dec 3 & 4. (See Schedule)
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Message: Peter G

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Re: Peter G

in response to Re: Peter G by plums
posted on Nov 05, 09 05:04PM

A couple of points: Grandich has EVG in his model portfollio. The recommendation to buy under a buck is a recommendation to buy here. And the only reason to buy here is to make money.

The Bank of Nova Scotia and the National Bank have just made a 10-million dollar bet on EVG. They got in at a 10% discount. I doubt they are looking to make, say, 20%.

There are 51 holes left to report from this last drilling season. While it is a good bet statistically that the assays will cluster around the average - and that average has been excellent so far - you have to bet there will also be some higher values.

Finally, if we are looking at $100.00 rock the 10m is the equivilant of 100,000 ozAu. I can't help but think that 10m worth of drilling is going to find a bit more gold than that.

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Executive Address

Evg-hennigh-bc
Quinton Hennigh, Ph.D., P.Geo.
President and Chief Geologist
October 23, 2009

Quinton Hennigh, Ph.D., P.Geo. goes “Beyond the Press Release" to discuss Evolving Gold’s recent press release.

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