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Gold/Mining/Energy : Evolving Gold Corp. (EVG.V) -- Ignore unavailable to you. Want to Upgrade?

To: Mario :-) who wrote (274)	7/22/2010 8:44:40 AM
From: Rocket Red	Read Replies (1) \| Respond to of 363

coffins have a buy recco on evg

To: Mario :-) who wrote (274)	7/22/2010 9:44:26 AM
From: ogi	3 Recommendations Read Replies (1) \| Respond to of 363

I can never fault someone for limiting their losses and I have plenty of those even after averaging down on EVG @ .85 but I am holding all and would consider adding here were I able. We are in the summer doldrums and EVG is in a news vacuum other than the Goldcorp deal. Rattlesnake is a multi mil oz dep in my estimation, although very large, very complex and requiring a lot of time and money to drill off. Not many deposits with significant gold at surface and at a depth of 735m. The one sex appeal driver that could speed the response to Rattlesnake would be a deep porphyry hit, otherwise it will be a lot of hard work but the ozs will come, so LT Rattlesnake gets bigger and better over the coming season(s). Carlin would get a more immediate response from the market on further success. I find recent developments of great interest. Although hole 8 did not hit the tenor of gold needed it reinforces the fact they are in a large pervasively mineralized system. When I last spoke with Dr. Q. before the assays he sounded more enthusiastic about hole 9 than he did hole 8. I also find the manoeuvers regarding Carlin of late to be very interesting indeed. First we have JV lands with Newmont ( Dr. Q is an alumni of Newmont) but EVG has added a much larger chunk of land outside the JV area. Drilling now taking place on 100% EVG land followed by Goldcorp plopping down $ 16 mil into EVG's treasury. It is obvious from success to date that EVG know where to drill on the Carlin trend and they had fabulous results in February, I wonder if Goldcorp saw the core on hole 9??? Does not hurt that the two majors that fought over Canplats are now positioned with EVG. EVG can now drill for the next 2 years on very relistically two multi mil oz prospects in excellent jurisdictions with new management better positioned for its future.!! News flow should start soon and will continue for months at the very least. Cheers, Ogi