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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based senior gold producer with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. The Company has a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. It operates mines that include Hounde Mine, Ity Mine, Mana Mine and Sabodala-Massawa Mine. The Hounde Mine is located approximately 250 kilometers (kms) southwest of Ouagadougou, the capital city of Burkina Faso. The Hounde Mine is owned by the Company (90%) and Government of Burkina Faso (10%). It owns approximately 85% of Ity Mine, which is located 480 kms northwest of Abidjan in southern Cote d'Ivoire. The Mana Mine is located approximately 200 kms west of Ouagadougou, the capital of Burkina Faso. The Sabodala-Massawa Mine is approximately 640 kms southeast of Dakar, the capital of Senegal. It owns approximately 80% of the Lafigue project. Its other projects include Kalana, Bantou and Nabanga.


TSX:EDV - Post by User

Bullboard Posts
Comment by bustarhymeson Nov 03, 2014 8:22pm
357 Views
Post# 23090629

RE:OMG THE NEWS>

RE:OMG THE NEWS>Either your broker is an idiot or he is looking for a sucker. Watch Gold price before jumping in any of the junior golds especially the WA miners. Too much uncertainty around recently. I sense tomorrow will bring more selling. The results were good but expected. Their avg cost of Gold sold in Q3 was 1285/oz. Now Gold price is 1165. That is a drop of approx 120/oz. If Gold price does not recover soon, Q4 will not be too much to talk about. Also, Gold has not stopped dropping yet. I see cash on balance has slightly reduced from the previous quarter. Neil mentioned about debt repayment but no talk about hedging ??. Too many unanswered questions. Well, there is a CC tomorrow. Let's see what gets put out. Glta.
Bullboard Posts