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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

Comment by RONNIE111on Dec 31, 2021 2:17pm
236 Views
Post# 34274561

RE:Disappointed - where are the resource updates?

RE:Disappointed - where are the resource updates?Maybe Mark , Endeavour is waiting for a more auspicious time to release what might be some pretty important updates. For the past three weeks probably, traders have been more concerned with other things: drinking, parties, presents, and more drinking.  Today the total move on the TSX looks to be less than a hundred thousand shares.  

It seems to me in the past year Endeavour managment has been focused a little more on share price: stellar results, excellent balance sheet, over delivery, etc. haven't always moved the share price as much as 'one' would expect.  It is pretty obvious that EDV is undervalued compared to the peers, which are also undervalued compared to many markets. I think the share buyback was meant to address that, but the results there have been mixed at best.  

So maybe they are waiting until more folk will be paying attention.  And with gold price doing a mini breakout the last couple days, early January could perhaps (and how many times have I and everyone else said this)  become more interesting in the gold world, and folk will finally wake up to that. 

Nouriel Roubini, my fav doom and gloom guy, wrote what I found to be
an interesting take on some of the possibilities for 2022 , covering just about everything.  He didn't make any predictions, so not so doom and gloomy, but some of the possible  scenarios would definitely be that.  His take is that many of the scenarios, if they came to pass, would result in stagflation.  

To get to the article, which was in the Guardian, you need to Goggle Nouriel Roubini, and click on the below.  I am sure someone better versed, could create a link.





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