Opinions
Brent Cook
Evolving Gold Corp.
EVG-CN
DON'T BUY
Mar 06, 2013
$0.105
Stock price when the opinion was issued
precious metals
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
PAST TOP PICK
WATCH
Good project, but complicated. The geology is such that there are a number of magmatic bodies where some of them are mineralized and some aren’t. Difficult to tie them together enough to make a body that is economic. Also have a fantastic looking project in Carla, Nevada that he thinks will turn out to be a discovery but there’s a back-in by Newmont (NMC-T) that has to be factored in.
precious metals
BUY
Gold project in Wyoming and Nevada. Run by a very competent geologist. Wyoming is an interesting project in that it is a big gold system with a number of intrusives into it. The Carlin project is a good one also. Frustration has been the time it has taken to prove these up. At these prices it is all right.
precious metals
HOLD
Has a couple of great deposits. Rattlesnake Hills has emerged as a little more complicated deposit than was originally thought. Great big long intersections of high-grade but have barren zones in between. Question is the mine going to the economical and profitable? Also has the Carlin project which is very promising. Real opportunity for investors at these prices.
precious metals
Advertising
Your opinion on the high-grade intercepts at their Arch target in the Carlin trend in Nevada and the recent spinoff of the Rattlesnake deposit in Wyoming? Have had some very good holes in the Carlin trend and are on a Carlin type system. Problem is that these are deep holes which cost up to $500,000 each to get down there. If you’re successful then you have the problem of drilling a bunch more holes and there is no money.