safari1 - Ah, I think I understand - it seems that you do not undestand how a  merger works?

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In this case, what "should" have happened [I'll explain later] is that your AVR shares were taken up or collected by EDV.  In exchange the company, gave you shares of EDV at a rate of 0.365 shares of EDV for each share of AVR that you held.  Therefore, if you previously held 1000 shares of AVR in your account, you should get 365 shares of EDV.

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Now about those EDV shares - they are the same shares as the ones traded on the TSX Exchange.  There is nothing different about them, no special colors, paper or anything.  So one should be able to sell those EDV shares regardless if they were purchased outright as EDV shares or received them in exchnage for AVR shares.  No special class of shares, no special classes of shareholders - just the same shares everybody has.

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Now as far as the "premium" goes - one needs to understand that that is pretty much theoretical in nature and only applicable at the moment the deal is cut between the companies.  In order to turn theory in to reality  and collect that 36% premium, one would need to sell the shares - then if one has a gain, pay the applicable tax. 

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But you seem to indicate that you would buy the shares back?  Huh?  Do you want the gain or do you want the shares?  If you want the shares, then why sell them and buy them back?  Why would one go through that extra expense {buy'sell commission] and why generate a taxable event/sale and then turn around and buy the shares back?  Now if one has a loss and is generating a tax loss, then one is going to need to wait 31 days and a day in order to be able to buy those shares back and avoid the "wash sale" rule - which disallows the loss if you repurchase the shares with in that 31 + 1 day window.

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So if your object is to ride EDV in hopes that the company grows and the market rewards that growth with a higher share price, it might makes some sense to hang on to the shares.  You are never going to capture that premium until the shares are actually sold - if is a valuation thing.  Do not confuse that "premium" with a dividend - it isn't.  It is only the perception of excess value given by EDV.   To "collect" it you have to sell the shares.   Look, what the premium is like is this - say you buying a lawn mower at a garage sale for $10, one you KNOW is worth $25.  The $15 "premium" you can collect on the deal isn't money you can spend until you sell the lawn mower for that $25. 

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So the lck of knowledge demonstrated indicates to me that the suggestion to seek out a proper investment professional - is sound advice.  Hopefully they can ask the appropriate questions to understand your situation, objectives and risk tolerance in order to educate and advise you.

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Anyway the "should" part referes to the fact that most investors here appear to be ignorant of what is/has happened with the share exchange deal.  Once they see their own shares in their own account then everything must be fine and must be working - no need to care any more.  Problem is just because you may have gotten your shares, doesn't mean that everyone has gotten their shares.  So I am sure you are thinking, "who cares?"  I got mine, scr *w those other guys if they haven't gotten theirs. 

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Well that is certainly one way to look at things, and I don't begrudge anyone the ignorance of that position.  I think what one misses with that attitude is a realization that the deal was supposedly finalized on Oct 18, 2012 and now more than one month later the deal isn't finalized and not all shareholders have their shares.  Now I have been through a bunch of mergers and this one is by far the worst from a time frame of making things happen.

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As I posted here before my Broker suggested to me that the problem was the fact that The Company did NOT file all of the correct papperwork and do all of the things it needed to do in order to make this a smooth transaction.  Further research has indeed confirmed that this was a mis-step by EDV.  So what you say?  So what if they didn't file some papers and some shareholders got left out?  Who cares I got mine?

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Well I don't know about you, but if one wants to be in a class with the real successful guys like Clive Johnson and BTO, then one needs to hit ALL of the details, especially something as basic as shares.  My experience suggests that MANAGEMENT is one of the most important items to consider when buying a mining company.  When management starts to miss the little things here and there, one has to wonder what is next, what else is getting missed?  Ignore it if you wish.  I think management performance is a key indicator.  Cavet emptor.  or in text speak - ijs