I understand that ADU has only explored about 15% of its tenement in Ghana so there is plenty of upside. Also, ADU's finances are now totally settled while EVG has some hurdle(s?) to get over. Both are working with MacBank and will have hedges.
I hold both EVG and ADU (more $s invested in ADU than EVG), so I am hoping for the best possible outcome for both. It will take a fair bit of time to get multiple gains out of both - but perhaps now that ADU is raising extra cash they will resume their exploration and get a much larger resource, so it's price may rise sooner.
loki
EVG Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held
