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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 Dec 17, 2014 7:13pm
243 Views
Post# 23242308

RE:clueless

RE:clueless@ruffus; you know why no one is buying this P#S. Have you heard the adage. " Fool me once, shame on you, fool me twice, shame on me. EDV was here in 2013 and has done a round trip in 2014 back to what it was at last year around this time. So, why would any sane investor buy this P#S when 1). It pays no dividend and 2). Has been a negative annual return stock for 5 years in a row. Market only gives you so many chances to prove yourself. Unfortunately, EDV has had a few too many. You can tout all you want but if investors cannot make money, they will find better use for their capital. This is strictly a penny trading stock, not an investment. If it was such a great investment, you will expect the Management to take some steps to defend the stock price. Total silence on that front. Go Figure !!
Bullboard Posts