Notice how EVG's volume is increasing as we get close to (and are now in) day-trader range. This is very similar to DRA.
I now hold a fair few gold companies for diversification but keep comparing them back to EVG and (assuming smooth construction, commissioning, and stable political environment) I cannot find ANY to compare to EVG's value on all fronts - reserve, cost of production, timeline to first gold pour, life of mine, new exploration/ project opportunities.
I don't think the options will provide many cheap buying opportunities given the SP rise. Maybe they'll start trading around 3-4c ??
I'm a T10 holder now and I didn't get an "invitation" to apply for any shortfall Dec-11 Options so I imagine only BJ and Mac Bank will be getting the privilege of snapping up shortfall options from those that are still on holiday or can't be bothered :)
Cheers John
EVG Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
