RE:Mid tier to Major the magic 1 million OZ / yrEDV (Endeavour Mining) is a 1M+ oz Gold producer with less than 250M shares.
They also pay a nice div and have a great balance sheet.
I own ELD as well and would like to see both companies do well but how do you calculate ELD producing 1M oz of Gold in 2025?
stockwatcher7 wrote: Take out MOZ ...., now at 1 for 30 would only be 15 to 20 million ELD shares + sweetener cash @ 195,000 oz /year in 2025 and with Skouries coming on also in 2025, ELD would become a major within 18 months with less than 250 million shares I/O
I believe that would make them the lowest float major producer...JMHO