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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 theCurseon Apr 14, 2023 9:19pm
202 Views
Post# 35396313

RE:Bottom line gentlemen.

RE:Bottom line gentlemen.
05RfidRich wrote:

If the big shareholders are not objecting to options nothing changes. I have to ask you, if you sell your EDV shares, What are you buying with your investment dollars.
I saw that Sebastian has been selling some shares, guess he needs a new big house or a huge boat, Can't blame him, he has a lot of shares and he has to enjoy life sometimes. 

Sebastian has done a great job and I am happy that I have my biggest position with EDV. Got to love how EDV bounced back nicely after the price of gold as shot down today. I agree that's the LSE is helping the share price and the TSE is not as influential as it was not that long ago.
EDV has great teams of mine finders and mine builders, they continue to be my go to mining investment . Good luck to all,



You can park funds in CSAV or PSA and earn ~4%   Or you can just keep it in cash and wait for the next 10-20% pull back because of the POG itself and how EDV is tied by algorithms to that.  I am convinced this is the only route to take with golds.  Big bonus with EDV is the dividend although not great canada taxwise. 

drop back to the low 30's or below and I will buy again.  if i miss out on the next leg up...no big deal as over the years this strategy has paid very well.  a ~20% yearly cap gain and holding when the dividend is paid.  let the algos spin.

tC
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