Las Lagunas project in Dominican Republic (Peru) to have an expected Mine Life of over 6.5 Years with an estimated after tax profit of $10. Mill per Year With Gold @ US650 per ounce (Currently $837.50 US)
Do the Sums.....
This is only one project of 3 coming on line in the next couple of years.
Envirogold (EVG) was listed in early 2006 and specialize in the extraction of Gold from refactory ore and tailings utililizing Xstrata Technology's Albion process significantly reducing the threat of toxic acid drainage from mine workings involving sulphidic ores.
Company raised 16 million over subscribed, Estimated 2 MILLION OUNCES OF GOLD ready to extracted.
Buy now before its too late!
Total Issued Shares: 200 million shares 130 million options
Management: Brian Johnson – Executive Chairman … is a civil engineer with extensive experience in the construction and mining industries -- Nevada Goldfields Limited, Austral Coal Limited, Portman Limited and Mount Gibson Iron Limited.
EVG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held