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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 Dale327845on Sep 23, 2022 3:34pm
154 Views
Post# 34982900

RE:Over & out

RE:Over & outI feel for you gal.   For depression I could recommend some pretty good  therapists I know, but they are expensive.  Or the old standby- Canadian Whiskey.  It has always lifted my spirits.  And for tired, maybe more sleep?

So I do wonder why you are still here?  Why would you possibly still own Endeavor, if you in fact do?   For awhile now, being into gold companies has required balls of steel.  Not sure you have that.  

Right now the savvy investors, like me, are still waiting to get into Endeavor in a big way.  But still too many folk like you that are giving up and willing to sell cheap.  Once it looks like all those like you are out of the game and the cheap shares supply is drying up, we will jump in hard.  

The large funds and banks write their algorithms with great simplicity.  Dollar up, gold down basically.  They aren't taking into account the fact that the US stock markets are on the cusp of a big blow out drop.  The S&P is now below the June 2022 low, and so the gain since that time have been all given up and the gains were obviously a dead cat bounce.  When the S&P drops another 1000 points, the Fed will dig up some number that shows inflation cooling and pivot down quicker than it pivoted up. 

And there are many other risks that are almost too many to mention.  Big ones are the huge gov and companie and everyone debts.  Going to be big trouble paying the interest without more debt.  

But if you lack the courage, and would rather just whine about it, you can sell now.  The date of record for the uncoming big dividend was Sept 2, so you wont miss out on that.  


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