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Bullboard - Stock Discussion Forum 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... see more

TSX:EDV - Post Discussion

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Post by Dale327845 on Sep 30, 2022 10:56am

Coup

Gunfire was reportred in Burkina Faso recently.  Maybe another Coup, but you would think that at some point they would run out of new army guys wanting to be in charge.  
Coups are just how the gov is changed in BF.  Quicker and cheaper than an election, and about as fair.  Also much less violent and less people die than when the gov changes in America.  What was it , something like 30 deaths, direct and indirect, from the post election Coup attempt in America.

But maybe this Coup talk is holding back EDV today.  With gold finding its footing, and a Fed Pivot coming to a bank near you, EDV should be up 5% today.  
Comment by marben100 on Oct 01, 2022 7:44am
Coup is confirmed: https://www.bbc.co.uk/news/world-africa-63081706
Comment by galnakon on Oct 03, 2022 10:16am
Clearly it affects the stock... Down -2% while peers are up 3%... Nothing will ever make this stock fly.
Comment by galnakon on Oct 03, 2022 10:26am
GDX +15% up since bottom. EDV.TO +6% up since bottom.
Comment by theCurse on Oct 03, 2022 11:06am
Well, I coup certainly won't!  Seriously. Interesting to note, GDX was down 50% from it's 2020 highs at the end of last week.  what did EDV hit in 2020?  38 or 39?  so there you go. always lemon picking on bad days.  it's dividend is >4% (albeit just regular dividends for canadian investors) and also buying back shares.  you could be stuck with ...more  
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