RE: why its down From today's NR. Now this is the stuff you like to see from management.
Mr. Cooke added, "We rarely comment on the state of the market but the recent sharp decline in Endeavour's share price begs a response. Management's view is that the current share price is not at all reflective of the inherent value of the Company's assets. Endeavour is well on track to deliver the capital reconstruction program at El Cubo on time and on budget; we are progressing as planned with the operational turn around at El Cubo; Bolanitos is currently producing significantly above rated capacity; and we expect to enter into smelter contracts to sell the extra concentrates being produced at Bolanitos shortly. Meghan and I welcome all shareholder enquiries at this difficult time in the markets."