RE:RE:RE:RE:RE:Endeavour pivots to exploration to shake 'M&A junkie' imageThanks for that MM it has thrown some light (for me anyway) on why, at the moment,
EDV has perhaps continued to struggle to maintain a gradually increasing SP as it
obviously actually deserves.
I am saying 'deserves' because I am going along (in part) with the general market cry
from all the professionals in the know and the analysts, banks etc., who are all saying so.
This is because of the extra stabilty and strengthened gold mining portfolio EDV has now acquired since the past two mergers, particularly TGZ as you point out.
I am sure many original EDV investors here have been scratching their heads lately as
to why it has been a struggle maintaing the SP because of all 'the pluses' since the mergers.
But just maybe, after you explaining how good a deal TGV investors did 'pre and post' with
the previous TGZ 5- bagger and then the good deal afterwards with the the EDV merger,
many of them are still continuing on a 'selling roll' even at these prices.
In other words, the original TGV shareholders are still happy to continue taking money
off the EDV table selling at lower prices while 'the mergers' are still in the process of settling down. Especially, when the dropping POG spooks them because it's easier for them
without as much pain involved. Perhaps the original die hard EDV investors here are willing
to wait just a little longer for the eventual EDV sp trajectory north.
Just my twocentsworth or a theory to try and understand a little more. But hey... all JMO..
any further comments?