multibagger stocks - which ones?, page-94

Hi Talktome,


Evg's first project will produce over 60,000 ounces per year which values EVG at 25c + with a gold price of $900 an ounce.

Gold Currently $1053 per ounce.


They then plan to get other projects up and going within a year or two of the first one, then eventually ramp up (within 2 years ) to over 300,000 ounces of gold.

300,000 x $1000 per ounce = 300 Million per annum.

= Share price of over $1 easy IMO. Current SP $8.4 c !


Note:
This is just the Gold, They will be processing Silver also.