re: Ann: EVG commences construction on Las La...
EVG is looking very good IMO.
It would appear, ST, however some a large seller has been keen to get out (take profits?) and the price that they are happy with is 8.5c.
I wouldn't be suprised to see another insider buy notice from BJ soon.
Maybe a short term opportunity to buy in volume, maybe not.
I have run some rough numbers over EVG, and I think that investors can expect at least a 2-bagger per year (ie 16c per share per year) for 3 years as each of their Dominican Republic, Venezuelan and Ecuadorian projects comes into production.
Beyond that, it will depend on bringing new projects on stream, POG, and extending current projects.
Steady upward momentum. Buy and hold this little beauty.
Cheers John
EVG Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
