I was looking a bit information for this stock from few years because I was a little bit curious about possible value of EVG. EVG was take over target already in January 2008, and now is nowhere, but what is more interesting is that AEM wanted to pay $75 Millions only for half of RSH, now EVG wants to sell RSH for only $11 Millions. And this is also curious from Bob Moriarty:

The cancellation of the deal between Agnico Eagle and EVG did create problems for Evolving Gold. EVG was counting on having some money put into the Rattlesnake Project by Agnico Eagle this year. But if GSV’s Carlin project is worth $160 million and EVG’s Rattlesnake project is worth $100 million, the value of a Carlin major discovery and Rattlesnake combined has to be a hell of a lot higher than a market cap of $28 million.

http://www.321gold.com/editorials/moriarty/moriarty071212.html

It is interesting how things get changed in not so long time.

GLTA