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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
Post by ghost11on Feb 19, 2015 10:11pm
276 Views
Post# 23446429

Wrong day for this news release. Something a foot

Wrong day for this news release. Something a footToday was a very bad day for such a good update with metals and miners falling sharply.
There is some urgency to this release and for me it indicates we are going to get another NR very soon. The next release may not be favourable at least short term.
On a more optimistic note may be management expect a hostie takeover bid and want shareholders to stand by them in resisting an offer.
If both the above scenarios are not what motivated the NR then it was a blunder to do that today and managemet  should have waited for a better market and mining day.
Bullboard Posts