RE: RE: 2012 Financial and Operating Highlight Yes exactly, RawColt; it's too bad that the jargon obfuscates the message!
If U put your money in a Savings bond, U might make 2 or 3%?? What EDV does is takes investors money and makes 36% on it...but instead of paying a 36% dividend, it reinvests most of it to grow the operation by opening more mines, mills, growing resources. That's the only reason earning LOOK lowish. ($.13/sh)
36% growth means that your Net Asset Value almost doubles every 2 years! That's with a static gold price of $1600. Throw in a rising gold price and the return is even higher! (at fixed costs)...Imaging what the return will be at $2500 or even $3500 gold as Jim Sinclair predicts...as a minimum.