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Endeavour Silver Corp T.EDR

Alternate Symbol(s):  EXK

Endeavour Silver Corp. is a Canada-based mid-tier precious metals mining company. The Company's portfolio consists of two producing mines, which are silver/gold mines in Mexico: Guanacevi and Bolanitos; one development project, which is a proposed silver/gold mine that is under construction in Jalisco: Terronera, and five exploration projects located in Mexico, Chile and United States: Pitarrilla, Parral, Bruner, Aida and Lourdes. The Guanacevi operation is producing from three underground silver-gold mines along a five kilometers (km) length of the prolific Santa Cruz vein. The Bolanitos operation encompasses three underground silver-gold mines and a flotation plant. The Terronera project is located 40 km northeast of Puerto Vallarta in the state of Jalisco, Mexico, features a high-grade silver-gold mineral resource. The Pitarrilla project is a large undeveloped silver, lead and zinc project. It has an option to earn an 85% interest in the Baxter gold and silver property.


TSX:EDR - Post by User

Bullboard Posts
Comment by lostboy1on Apr 11, 2007 5:37pm
409 Views
Post# 12589304

RE: news

RE: newsFor 2007, Endeavour is forecasting sales of $36 million to $39 million, based on 2.6 million oz silver production from Guanacevi, using a US$12 per oz silver price, US$600 per oz gold price and a 0.85 $US/$CA exchange rate. Costs of sales are expected to come in around $17 to $20 million, or US$5.75 to $6.75 per oz, generating a mine operating profit of approximately $19 million before taxes. 19/37 milj. means this year about 0,50 cents per share profit. Great i think!
Bullboard Posts