Value

Welcome to the Evolving Gold Free HUB On AGORACOM

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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Danno13

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Value

posted on Dec 05, 2009 03:44PM

If you believe in this company you buy and hold a core position and wait till the share price takes off. A good rule of thumb for valuation using this formula - Example

20% x 43-101 x price of gold divided # of shares.Let's say they come out with a 43-101 of 2 million ounces. Then the value of EVG shares would be 20% x 2,000,000 =400,000 x $1100 = $440,000,000 divided by say 100,000,000 million shares = $4.40 per share.

Eventually the share price will take off to new highs and you'll never see the current price again.

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