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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

Post by ABDPhilon Jan 12, 2024 10:45am
157 Views
Post# 35823562

Endeavour will survive

Endeavour will survive
Endeavour will survive the departure of Sebastien de Montessus, without a doubt, because success is not the story of one man. That said, Endeavour has not changed, responsibilities will be reallocated, and the strength of this storm will lessen over time.
 
SP is not a reason to tolerate poor judgment, especially when compensation requires getting the best. The comments of the principal concerned trivialize the facts by mentioning that they have no cost for the company. This is far too casual for the level of the function. The board of directors responded promptly, as you are entitled to, and you can be proud of it.
 
Regarding the investigation of claims on behalf of investors, it seems to be purely opportunistic. Nevertheless, let's follow this file to see if another rabbit comes out of the hat.
 
The gold industry lacks love, because gold isn't useful...until it is. Low support from long-term investors gives outsized power to traders and algorithms, which struggle with time, your best ally. If EDV was a good deal at $29, it's just better now, if you have time. 
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