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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (27113)	3/1/2007 2:57:23 PM
From: Crossy	Read Replies (1) \| Respond to of 37387

re: EDV.TO (Endeavour Mining Capital) .. $8.15 Madharry, makes absolute sense. I regard this as one of the best longterm investments in the mining sector ever. This is a "counterparty" play and this time it'S the counterparty of these juniors that graduate from explorers to miners. Usually it'S the financiers that make it out big and here EDV.TO is in this position to capitalize on this assymetry. Their Urasia deal alone was a masterpiece and brought many $ in NAV to the company. Regarding current weakness, I don'T think it will persist long, as the company has an open authorization to repurchase shares as long as they are below NAV rgrds, CROSSY