Excellent Quarterly Report and detailed all the operational milestones being ticked off one after another.
Interesting to note that $7.5m final funding for LL was secured via a 3% gold royalty... interesting out-of-the-box funding.
EVG is appealing to a wider and wider group of investors looking at how they got the $3.6m funding at 8c to advance the Ecuador project.
Butcherboy - the reason why Albion is being used on tailings in second world countries is that this technology can now unlock gold and silver in refractory ore and tailings that, when originally mined could not be accessed due to the technology available/ used by these mines. So yes, it does have technological advantages.
Plough - yes there is sovereign risk, however EVG is diversifying nicely - 3 current projects in 3 different countries (Dominican Republic, Venezuela, Ecuador).
Also, remember there is a shelved project in Peru, just waiting for LL to be constructed before relooking at it.
Don't wait too long...
Cheers John
EVG Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
