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Re: basserdan post# 22965

Monday, 12/20/2010 1:56:21 PM

Monday, December 20, 2010 1:56:21 PM

Post# of 35738

From the Coffin Bros HRA Dispatch dtd. 12-16...

Evolving Gold (EVG-TO/EVOGF; up 3 cents on 580K at $1.15) has released more results confirming the significance of new testing at the North Stock portion of the Rattlesnake Hills gold project in Wyoming. These have longer sections of good grade that can help the average. As importantly these recent holes contain grade very near surface. This is important since it means at least a portion of this zone would have good bottom line potential early in a mining scenario. In other words, the starter zone material we sometimes harp on is being put on the table.

These drillholes in addition to results from the Nevada programs are reviving interest in EVG. That puts it in good stead. Having lagged while others gained should mean the company is able to move to the next stage of corporate evolution with limited consolidation. At current prices we view it as valued in line with what’s on the table in Wyoming, and thereby able to gain from improvements at any of its projects.

http://www.evolvinggold.com/




Dan

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