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Endeavour Silver Corp EXK


Primary Symbol: T.EDR

Endeavour Silver Corp. is a Canada-based mid-tier precious metals mining company. The Company's portfolio consists of two producing mines, which are silver/gold mines in Mexico: Guanacevi and Bolanitos; one development project, which is a proposed silver/gold mine that is under construction in Jalisco: Terronera, and five exploration projects located in Mexico, Chile and United States: Pitarrilla, Parral, Bruner, Aida and Lourdes. The Guanacevi operation is producing from three underground silver-gold mines along a five kilometers (km) length of the prolific Santa Cruz vein. The Bolanitos operation encompasses three underground silver-gold mines and a flotation plant. The Terronera project is located 40 km northeast of Puerto Vallarta in the state of Jalisco, Mexico, features a high-grade silver-gold mineral resource. The Pitarrilla project is a large undeveloped silver, lead and zinc project. It has an option to earn an 85% interest in the Baxter gold and silver property.


TSX:EDR - Post by User

Post by bogfiton Mar 16, 2022 3:31pm
397 Views
Post# 34519589

How good or bad this deal proves is something we won't know

How good or bad this deal proves is something we won't know right away.  Second guessing is always easy to do especially when the facts are yet to be known.  Guidance is for approx. the same production next year, so the remaining question is the price of silver going forward.The market typically over-reacts with this sort of news.

An extreme example is GATO which dropped 60% in Jan. and has now regained nearly 100% from the low.  If bought on the drop it proved to be an outstadning buy.

b.


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