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Gold/Mining/Energy : Evolving Gold Corp. (EVG.V)
EVG 11.13-0.9%Nov 3 4:00 PM EST

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To: johnlw who wrote (257)7/12/2010 7:53:49 AM
From: ogi  Read Replies (2) of 363
 
Morning John:

I had a look back at Goldcorp's filings and a Google search for deals G has done with jrs. They are not common from what I could ascertain. They had a huge position in Silver Wheaton, now disposed of and they did buy into Osisiko some time ago. Neither
of those deals have much in common with that of the early stage EVG situation.

Goldcorp has no current position in Nevada and I think that may be the main driver for this PP but no harm for G to build a friendship over Rattlesnake either it is a deposit destined for a major in the end.. Given how few holes EVG has drilled and the fact they have a JV with Newmont yet have expanded their holdings substantially outside the JV properties this appears to be a significant leverage tool for EVG in their Newmont relationship. I still think Rattlesnake is multi mil oz but it is so big and so complex we won't easily know its true size for another 100 drill holes IMO. Carlin could become the focus with further success.

Cheers
Ogi
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