The EVR market cap is hovering around $10 million, this is probably where it should be pre drill program. I am glad to see the company is not rushing into an ill advised drill program before they can properly define the right drill targets. As a comparable, it took Goldquest a few years to do soil sampling and prelim work programs to define the drill results we now know today.
Everton is doing it the right away, trying to limit the risk of missing on a drill program, saving themselves the cost of a missed drill program. Sometimes it’s the moves a company DOESN’T make that increases shareholder value and in this market, where funds are so difficult to come by, I personally applaud their efforts.