hot chart on the move, page-5

Hi

Next to impossible to get stock in the capital raising which was a good sign. The Dec 07 20c oppies also are in play. I can't see them letting these lapse out of the money. I have a 30c target on EVG in place on them for the end of 2007. When you compare the value of this company to something like Andean, with a market cap of $600 m for a 1.4 m oz gold deposit which has no mining infrastructure, it is exceptional value considering a fully diluted market cap of $60 m after capital riasing and option take ups.

From this point on it would seem that we have access to 2 m oz gold resource through EVGs 3 projects and are fully funded to development. All in an environment where the gold price is likely to double over the next 4 years. There is also the potential for lots of other JVs.