Endeavour Mining Capital is a merchant banking company focused on the resource markets. They have an incredible track record boasting an average 53% ROI in the last four years of business - consistently beating the indices every year. The Company pays a modest dividend and is one of the most profitable resource related companies on the TSX Stock Exchange.
NEW DEVELOPMENT: om 7/31
EDV acquired its sister organizaton Endeavour Financial , the investment banking group , which co-comanaged the fund in exchange for some 10 million shares. So the company is now a hybrid investment bank/ mining investment company. anticipated dillution is now 27%. So this will of course push the company into a small premium to book going forward.
This is a direct link the the company's NAV :
endeavourminingcapital.com
info on the coal investment- coalcorp.ca formerly AV.v soon to be CCJ.v.
info on Yamiri Gold and Energy (YGI.V) formerly Telco Plus- in june 2005 EDV owned about 18% of telco plus.
yamirigold.com
Info on Eastern Platinum (ELR.to) (Gordon Keep and officer of Endeavour sits on the board along with David Cohen CEO of Norther Orion):
eastplats.com
Century Mining - www.centurymining.com
Mangements and sharholder interests are aligned as they earn a 2% asset management fee but also a 20% incentive fee on the portion of the annual return on equity that exceeds 8%. Most comparable companies charge a 20% incentive fee on all profits. The company is domiciled offshore so tax considerations are minimal. |
