Endeavour Silver Corp T.EDR

Alternate Symbol(s): EXK

Metals & Mining Silver

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

Endeavour Silver Corp

Bullboard Posts

Comment by grayoldtreeon Nov 10, 2010 8:32pm

738 Views

Post# 17689787

RE: New financing

If this news had been released a week ago, $6.15 would have been a premium to the closing price. I think the bought deal may have been overrun by the spike in silver and all things related, leaving the buyer with an unexpected windfall that they're unlikely to unload given the strength of the trend. I'm not at all bothered and am more interested to see what sort of return we get for the infusion of $50 M.

Bullboard Posts

Silver price predictions: Is the 2024 gold and silver rally just starting?