RE:Bottom line gentlemen.05RfidRich wrote: If the big shareholders are not objecting to options nothing changes. I have to ask you, if you sell your EDV shares, What are you buying with your investment dollars.
I saw that Sebastian has been selling some shares, guess he needs a new big house or a huge boat, Can't blame him, he has a lot of shares and he has to enjoy life sometimes.
Sebastian has done a great job and I am happy that I have my biggest position with EDV. Got to love how EDV bounced back nicely after the price of gold as shot down today. I agree that's the LSE is helping the share price and the TSE is not as influential as it was not that long ago.
EDV has great teams of mine finders and mine builders, they continue to be my go to mining investment . Good luck to all,
You can park funds in CSAV or PSA and earn ~4% Or you can just keep it in cash and wait for the next 10-20% pull back because of the POG itself and how EDV is tied by algorithms to that. I am convinced this is the only route to take with golds. Big bonus with EDV is the dividend although not great canada taxwise.
drop back to the low 30's or below and I will buy again. if i miss out on the next leg up...no big deal as over the years this strategy has paid very well. a ~20% yearly cap gain and holding when the dividend is paid. let the algos spin.
tC