Very disappointing action on EVG. I have been holding for a while, and believe this is a quality stock. I held RED and moved to EVG as it has soooo much more upside with exploration potential.
Its a story still unloved, but my feeling is closer to production will start or rise. Surely a MC of 200+m is on the horizon for a producer with low debt. This hedging business had to be done, but cash flows are still very high. And will get higher into production.
Ill say will be .35+cents by production and thats taking into account options converted.
EVG Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
