Fundamental Research Raises Target on EVG

SIDDHARTH RAJEEV, Fundamental Research Corp. (03/17/2011)
"Newly released drilling results from 2010 demonstrated the size and continuity of the North Stock deposit and expanded the Antelope Basin zone at the Rattlesnake project. . .[and] will begin an initial resource estimate for the near-surface portion of gold mineralization. EVG continues to be in a strong cash position and we do not foresee any need for external financings for at least the next six months.
Our revised valuation on EVG is $1.46 per share, up from our previous estimate of $1.37/share."

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