We wil see Monday!It was obvious for a long time that EDV shares traded on the TSE controlled the global price of EDV.
Lately with the large volumes of shares of EDV trading on the LSE, and important index listings you may be able to suggest that it is the LSE listing of EDV that controls the price.
Today EDV closed. On the LSE at noon our time at 2178 which translates to 36.40 Canadian.and closed on the TSE at 35.10.
Yes it matters, what the price of gold did today and what it will do Monday, My focus will be on which way the price of EDV shares go up toward the LSE close, or down towards the TSE close.
That said we must be conscious that EDV is still producing gold for AISC under 1000 dollars US thus making at least $ 900+ dollars for every ounce they produce. I continue to buy and invest more in this very profitable company..