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Gold/Mining/Energy : Precious and Base Metal Investing

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To: studdog who wrote (31636)10/17/2004 12:54:52 PM
From: seventh_son  Read Replies (2) of 39344
 
I own shares of Endeavour (EDV), the main reason being that they are well-leveraged to any rise in gold stocks, particularly since that have received a lot of warrants in financing deals which they made on terms favourable to them. Also, apparently their management is well-connected to brokerages, and I have sometimes wondered whether it is this sort of relationship that has caused some of their holdings, like Bolivar, to outperform relative to fundamental value other stocks like Gold Reserve. On the downside, I am disappointed that I have not been able to get any breakdown of what all their specific holdings are at this point.
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