From 'zumplums', a geologist who posts at the Yahoo EVG board...
7-Oct-10 08:30 pm
Some excellent widths and grades. Would have been more educational if the deeper holes data had made a distinction of grades in the dikes versus outside them though that may come later in a cross section depiction. EVG, did make the distinction of "broad zones associated with the dikes," however, Mr. narrow focus here would like to know if the porphyry is of the mineralization-in-the-surrounding-rocks type, in-the-porphyry-itself-type, or both.
It has been a "brutal" summer according to one EVGer I spoke with-- and with this release a lower pps. They must be disappointed after all the obstacles overcome with the reaction. I usually don't address the investment side, but I see a real disconnect between expectations and the understanding of what the drilling results mean. I ask a simply question; How many more ounces did EVG add in this last data release? Of course, the counter arguement is add to what? That's another thing I'd like to know.
Hope there is enough infill this season to provide the basis so that EVG's RSH can be evaluated for a resource estimate. This may be the only way for the pps to reflect fair value.
Then when EVG comes up with new ounces it will be more obvious.
http://tinyurl.com/2brylul
Dan