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
EVG Price at posting:
9.6¢ Sentiment: None Disclosure: Not Held
