So happy Especially now that Rick Rule has proclaimed this to be one of the "best high growth" gold stocks
I'm up 5X since buying years ago.
Now add ...
-a much better jurisdiction mix going forward (vs 2023 and prior)
- the temporary production decline from divestment of BF assets is about to be reversed. At least the unfortunate sale and non-payment for BF mines is partially resolved with BF government taking ownership on the BF mines that were sold.
-CEO indiscretions now rapidly becoming the past ( and no longer the dominant narrative)
- new mine rollout complete ( much higher production expected starting Q3)
-one of the lowest AISC producers
-close to being a top 10 gold producer in the world. = mega cash flow going forward = more buybacks and dividends
Soon to be debt free, under appreciated gold equity that will get noticed when market shifts from tech to gold once interest rate drops signalling that the next recession is imminent.
Perhaps a quick liquidity driven pullback can be expected in all asset categories ( including gold) followed by a gold price explosion ( when the printing presses are turned on to "save the day" and reignite inflation producing this time, stagflation ... Golds favourite condition )
Then watch EDV cash flow exponentially rise and new investors pile in, as gold price rises to $3000 and beyond in 2025/26.
So happy.
MM