EVG
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5.41% 3.5¢ evion group nl

which way will she break, page-6

  1. exberliner1
    7,157 Posts.
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    02/12/10
    18:43
    Post #: 7559940
    3 years!!

    Comparing the gold price now and 3 years ago that 3 year wait will add a lot more upside to EVG.

    Imagine if they had started producing gold 2 or even 3 years back - they would have sold lots of their production at about $700 per ounce and not the $1300+ they can expect today.

    After all the metal in the ground has been there for billions of years so an extra 3 year wait for it to see the light of day is of little consequence in the general scheeme of things.

    Congratulations on your 3 year anniversary.

    EB
    EVG Price at posting: 12.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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