In the half decade that I?ve been doing this, I?ve realized that there are a few key things to think about when researching and investing in junior exploration companies. The most important thing to keep in mind is what sort of ownership position the CEO holds. I want to see a CEO with a LOT of skin in the game. This is key.
Next, I want a CEO who believes in himself. I want a CEO who is there because he thinks the stock is going up, not because of a healthy pay package. You want to see minimal admin costs and a CEO who takes a minimal salary, just enough to make ends meat.
I want to see a CEO who?s working for the good of the business venture and I like what Mr Brian Johnson has got here.
Plus he's in the right commodity, which helps.
EVG Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held