Opinions
Joe Mazumdar
Evrim Resources Corp.
EVM-X
BUY
Mar 05, 2019
A past top pick. He's sold some of it. He still trusts the management team and their model. But drilling results didn't do well so the stock fell. Now is a good time to enter it. They got working capital because they did a private placement with Newmont. Brent Cook: The Newmont investment collapsed, but EVM is actually in better shape with $11 million in the bank with a stock at 30-cents. Its failure was a success. He made money and he's still in it.
$0.330
Stock price when the opinion was issued
Mining
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Brought on a new geologist who he had worked with in Mexico. This geologist knows Mexico and how to get in and do things. He can turn up very good projects. They have one new project that they are just turning up. The initial results are very interesting. The stock has moved up, so there is no urgency to buy.
Mining
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