Re: How about this for a disscussion....
in response to
by
posted on
Nov 19, 2009 06:50PM
Evolving Gold is focused on exploring its significant discovery at Rattlesnake Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek gold district in Colorado, and on gold properties adjacent to the Carlin district of Nevada.
After reading all the intesting comments of today, I must say some on this board are either in denile or do not know much about the importance of the 5 M's in a Junior Company, Market Cap, Management, etc.....
Bottom line is this IMO; The latest PP could've/should've waited, the next batch of results would've defined the next direction to go. When SP was above 1.50, Mgmt dropped the ball and took way too long to get the next NR out, and so on and so on.....
I invested in EVG because of the property, Mgmt, Money in the bank, dilution at the time was exceptable, gold prices were steadly rising, Property was in the USA, etc. The company has everything to be successful at this point, Even those who bought in at 1.50+ should've been okay, they did make the right choice at the time, so thought those who bought in at 1.25+, and those who bought in at 1.00+, they did thier part based on all the positive fundimentals, and technically speaking, if Mgmt did their part, SP should be above at least 1.25 right now, but the latest PP and the lack of consistant news, the added dilution was the cause of the decline in SP.
I'm frustrated and very disappointed because, I did my part, I bought into a Company with all the bells and whistles all the fundamentals in place, and the Mgmt to back it up not to mention the assays and yet the continuation of SP manipulation and dilution and lack of news is keeping the SP from rising. Buying in at 1.50 levels is not a mistake by the shareholder if Mgmt is doing what it said it would from the begining...IMO their is absolutey no reason the SP shouldn't be above at least 1.25 right now and yet it is not, WHY? Who's to blame? Certainly not the price in gold, nor the assays...It's like betting on a world class sprinter only to discover that he has a hidden splinter in his foot hendering him from taking first place, So, inshort, EVG needs to find the hidden splinter and remove it so it can run and win the race...