RE: Bob Moriarty Dec 29th 2003...........Bob Moriarty must be either an idiot or a pump and dumper. You can't compare EDV's earnings with NEM or any other miner as they come not from operations but from one time capital gains during a gold bull market. The value of EDV like any CEF is in the sustainability of its NAV and in the management of its portfolio. Given the microcap nature of the latter there IS a great deal of risk involved: just as it went up, so it can come down.