In his Weekly update week beginning 19 Nov ….. so it is current. 19th Nov 12: The stock is trading at about 6-times this year's cash flow and cash flow is set to increase substantially in 2013 and again in 2014. The stock is a buy below C$2.20. 9th Sept 12: @ $2.00 it is currently one of the best buys in the Gold sector.
I have subscribed several times to him over the years ….. he is good….. but like all newsletters sometimes you need a break….when he first started he was mostly ASX stocks, but now mainly overseas stocks, and I am not really up to speed here. For a writer who is a bit out there and pro Gold etc ….. he is also quite conservative. He tipped Redback Mining years ago when they were still an ASX listed company ….. did ok with them and followed them to TSX listing …. but unfortunately bailed a little early. The updates I get now are promotions to an ex subscriber….. after last update I thought I should most probably re-subscribe. Otherwise agree with your sentiments ….. most probably cheaper again today with Gold minus $23. The low volume of the last couple of days might make the falls less significant?
EVR Price at posting:
$2.06 Sentiment: None Disclosure: Held
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