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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Brinks who wrote (19228)	4/1/2006 3:52:23 AM
From: Crossy	Read Replies (1) of 37387

Brinks, I understand your concern but I get the impression that EDV.TO deliberately selected their corporate structure in order not to have to disclose their holdings.. see, I can somehow understand them. They are assembling deals and often shells or tiny capitalized firms on the TSXV or elsewhere are involved. They surely don't want to feed the market with data that would allow inferences on their upcoming deals - would only increase their cost of assembling these deals to them.. (might drive up share prices of investee companies) endeavourminingcapital.com They do however provide NAV figures once per month and they recently committed to a share buyback of up to 10% of the publicly held shares if my memory serves me right, so the gap to NAV should close rather quickly. I rather have EDV.TO the way they are today instead of having to comply with the US taxation and regulatory regime (Sarb-Ox) which already "succesfully" drove away many enterpreneurial oil&gas and mining companies to list and/or incorporate elsewhere (TSXV, etc..) endeavourminingcapital.com best rgrds CROSSY

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