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Gold/Mining/Energy : Evolving Gold Corp. (EVG.V)
EVG 11.03+0.2%Nov 6 4:00 PM EST

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From: TheSlowLane11/26/2009 11:28:10 PM
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Rob McEwen sez:

“I’ve watched a couple of companies listen to the siren call of the investment bankers who say ‘You’ve got to raise money right now.’ And I’ve been trying to tell them ‘Don’t raise your money now. If you’ve got a good treasury, wait. If you look at the cycle from the end of the 60’s to the beginning of the 80’s, gold went from essentially $40 to $850. Half of that move occurred in the last four months. Last three months of 79 and the first month of 80. And I would suspect we’re going to see the same thing.”
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