Value Microcaps Junior Miners

[curlews]

EVG.v/evogf, .90 - I have been buying EVG today because I think it should be joining the party very soon. It is still trading closer to its low for the year than to its high, but the chart looks like it is getting ready to emerge from its slumber, and just bounced off the 200 day ema. All it needs is some volume.

Basserdan has been leading the cheers and keeping us informed on EVG for a long time, and I am now joining him. What I like:

It's an explorer that keeps reporting very long intervals of decent grades of gold, especially at Rattlesnake Hills in Wyoming (146m at 2.92 g/t, and many others). Some of the holes point to open pit potential.

Because its an explorer rather than a producer, there is no risk that it will have any troubles with grades, costs, mill shutdowns, recovery, etc. All they have to do is keep reporting good drill results, and any one of those reports could get the stock running.

They have cash in the bank, after a great vote of confidence from Goldcorp, who bought 15% of the company in July at .82 per share.

A director bought 200k shares this summer, at prices up to .85.

Here is a research report that basserdan mentioned a few weeks ago:
http://www.researchfrc.com/research/pdf/EVG/Oct%2019%202010%20-%20EVG%20-%20Update.pdf

It is still well below the highs it reached when gold was much lower than it is today. Someone is going to notice it soon.

Thanks for bringing all of this to the board, basserdan.