To: dalroi who wrote (31609 ) 10/17/2004 3:22:17 AM From: Taikun Read Replies (3) | Respond to of 39344 Hello Stefaan, I was wondering if you, or anyone else on this board, follows Endeavour Capital? An Entrepreneurial Merchant Banking Company Endeavour Mining Capital Corp. ("EDV") is a publicly traded mining merchant banking company. The Corporation, established in the Cayman Islands, has its shares listed on the Toronto Stock Exchange. We provide finance to mining companies to fund their project development, strategic initiatives and growth. The Corporation offers investors a distinctly different way to invest in mining and precious metals. With a Global Mining Network The Corporation is managed by an international team of experienced professionals with a demonstrated performance history. Endeavour Financial, a leading investment banking firm focused on the global mining industry, acts as the Investment Advisor. We employ our experience, market intelligence and proprietary deal flow to originate and invest in a series of potentially high-return transactions. As of November 30, 2003, Endeavour Mining Capital had an investment capital base of US$87.0 million. Our capital is invested in a series of transactions, such as private placements, convertible debentures, bridge loans and other forms of mine finance. The Corporation seeks to generate superior earnings through interest earned, fees charged and capital appreciation. Currently, the Corporation is highly leveraged to Gold with additional investments in other minerals including Diamonds, PGM's and Base Metals. The scope of investment is limited only to our area of specialist expertise - mining. CORPORATE DATA (as of January 12, 2004) Exchange Listing: The Toronto Stock Exchange Symbol: EDV CUSIP: G3040R109 Issued Shares: 23,120,578 Fully-Diluted Shares: 27,683,078 EDV.TO Currently trades at 20% below NAV. endeavourminingcapital.com Can anyone tell me why? Is this a good buy? TIA David