Endeavour Mining plc T.EDV

HUH?

[RONNIE111]

Anyone have any ideas what's wrong with our EDV?   GDX is up 7% in the past 5 days.  Should be lots of buying of EDV happening from there.
Only thing I can figure is one of the funds that holds EDV,  like Blackrock Investment Fund say, is selling some of their 12% holding for some reason, probably not related to EDV.  I hope they are done soon, or come to their senses, or solve the problem they are having; if this is what is indeed happening.  

[celestialman10]

Why is Blackrock selling and what internal problems do thye have?

[RONNIE111]

I was just speculating about Blackrock or one of the other larger holders. I have seen it before.  Funds like that who own lots of stuff, let the kids on the computers make some foolish bets, the bets sometimes go bad, sometimes spectacuarly so, and then they need to sell the good and the bad.  Often they sell the good, and hope the bad recovers. Now I have no idea if this is the

[marben100]

Perhaps someone was asleep yesterday? They seem to have woken up today! lol

[marben100]

The market is designed to make fools of us: gold down heavily today, yet EDV currently trading up. With the price action of the last couple of days, EDV has caught up with the GDX again, since the start of the week. Over the last 6 months, EDV is up 11% whereas the GDX is down 9%. Amongst the gold miners, looks like we've made a good choice with EDV. Cheers, Mark