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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.

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Message: Re: "Good news!!" - aurum09

Jul 07, 2009 07:00PM

Jul 07, 2009 07:03PM

Jul 07, 2009 08:00PM

Jul 07, 2009 08:31PM

Jul 07, 2009 09:17PM

Jul 07, 2009 09:50PM

aurum09 - The stock has been in an uptrending channel since Oct/Nov. Currently the lower channel is at about 0.42 and the upper channel is at 0.60. The 50 day EMA is at 0.45. The 50 was support on the last pullback and it looks like that will be the case on this one. The key, imo, is that volume on this pullback was dramatically lighter than the June move that took the stock from .41 to .61. That's exactly what I like to see, advancing on heavier volume, pulling back on lighter volume. I think the next set of assays have the potential to "jump the creek" or break out of the top side of the channel, and that could get interesting. Shouldn't be much longer, I would expect the stock to move closer to the top of the channel by the time the assays will be released. We will see...

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Jul 08, 2009 11:21AM
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