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.
The company used to update its NAV monthly and provide fairly consistent disclosure on its portfolio holdings. It has apparently decided to clothe its operations in a veil of secrecy.
Since I was moderating this thread all along. Ive decided to post on other holdings using this thread and other musings. Let the reader beware.
My current largest holdings are plg.to sil melco, mfcaf a name very few people will be familiar with, BWEL, mogif, kri.to, stm.v, bzp. The overall theme has been natural resources good, dollar not so good. I own one downtrodden semiconductor name zl-zarlink . I am adding vangold van.v for coverage. this is also a potential incubator of new resource companies, which i believe to be undervalued and have a good size stake in now. the market cap is very small under $40 million at the moment so prices will be volatile, and also kycn, a steel company controlled by harold simmons, which possesses an overfunded pension plan valued at a multiple of the company's market cap.
Also feel free to bring up any real estate value investments, spinoffs or restructurings. |
