Hello Ubid and Co,
In regards to EVG's short mine life of 6 years, would EVG be considered a 'buy the rumor sell the news' type trading stock?
The reason I ask is that I am after a multi-bagger that may provide dividends at some point in time in the future. As EVG's mining life appears shorter than I first anticipated, EVG may not be a buy and hold stock.
Fell free to poke some holes in my thoughts.
Much appreciated,
talktome
EVG (las lagunas)
Stage Finance
EV A$28M
Resources 5.1Mt @ 4.4 Au eq
Capex US$72.5M
Production 75 kozpa Au Eq
Cash Costs US$333/oz Au Eq (silver credits)
Mine life +6 years
Capex Intensity ~US$967/oz
Post #: 319963
trading stock or one for the future?
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