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Gold/Mining/Energy : Evolving Gold Corp. (EVG.V)
EVG 11.01-0.2%Nov 7 4:00 PM EST
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From: TheSlowLane11/10/2009 7:21:04 PM
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plums sez:



The next NR from the holes will be, what, about on the same schedule? More bulk gold and, perhaps, some more high grade ought to turn things about with gold where its is.

Ya know, there was a small period of speculation here on the value of EVG versus estimated (imagined) ounces in the ground and the consensus was about at this level.

So, the more ounces imagined the higher the pps. I'm on to the 8 million ounces level in my imagination should the cross cutting holes expand the north stock gold northeast doubling the present north stock width and southwest to the antelope basin target. Should that occur, I can also imagine one open pit and very ecomonic mining.

An imagined 8 million ounces would put the pps at around 4 bucks or more as the higher the total number of ounces the more economic in the sense of total profitable years versus years to payback exploration and mine building costs, and better terms for raising capital.
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