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Evolving Gold is focused on exploring its significant discovery at Rattlesnake Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek gold district in Colorado, and on gold properties adjacent to the Carlin district of Nevada.
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Message: Starting to Look Ugly

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Re: Starting to Look Ugly

in response to Re: Starting to Look Ugly by Oracle
posted on Feb 24, 10 07:34AM

Don't worry, Oracle, as Aurum said, it's your opinion. No one here seems to mind a well spoken or reasoned arguement to the negative side - it is just a reason for debate. No one seems to take kindly to simple bashing, but your post was not that.

I don't know that GP is still the one holding us down. We know that Sherriff sold a bunch a while back, but I had the impression GP is starting to hold its own. Not sure, because I don't follow it too closely though. A lot of the banks have been playing it back and forth waiting for the next steps (April and this years drilling).

It will be very interesting to see what the resource is and how the market responds. I think we have factored in about 1.5 - 2 million ounces for the share price as it sits now. That was quite a while ago now, so I might be off a little. Recently, speculation (well reasoned dreaming maybe...) has said there could be potentially as much as 5 million ounces at North Stock alone. If there is a resource even close to 5 million there should be a BIG spike in SP...

I too have considered bailing, but I believe too much in the story and don't want to be out when this starts to move.

Time will tell, GLTA

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