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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 ghost11on Feb 13, 2015 2:47pm
212 Views
Post# 23428180

RE:Tight trading range

RE:Tight trading rangeI have a sizable position, plus always traded because it used to move some 4-6 cents a day between high and low, recently it is not budging. I have a feeling that since they got the mine permit may be looking for financing , a bought deal may be at this range.  There a news that one mJor shareholder is reducing position. Hard to say where it is going but financing may cause dilution and share may drop before rebounding with asset revaluation. Plus they are paying debt ahead of schedule, what to make of that?
Bullboard Posts