RE:canadian investors?The fact that the Endeavour dividend is not eligible is for sure a negative for me. But the Canadian dividend tax credit is only available to individuals, not funds etc. According to the EDV website retail investors only own 5% of EDV shares. And then it is also only for Canadians, and EDV doesn't breakdown the nationality of retail holders, but my guess would be that lots of the EDV TSX shares are not held by Canadians: lots of Americans I would think. And of course the London shares would be not Canadian. And finally the fact that the dividend tax credit decreases with taxable income, and it doesn't take that big an income for the credit to disappear, well, seems to me the investors who care that EDV dividend is non eligible in Canada would be a pretty exclusive group. And not an issue in a meaningful way.
Looks to me that EDV share price is totally tied to price of gold, which is totally tied to value of the US dollar, which is totally tied to , hmmm, gets a little more murky there.