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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

Bullboard Posts
Post by coolcoalon Mar 02, 2010 11:21am
405 Views
Post# 16833371

Nice little profit taking going on..

Nice little profit taking going on..

Think I will finally take my position after weeks of watching here.  Charts are moving away from over bought and we should be working our way towards the next leg up.  Maybe a push to 2.40 to 2.35.  EDV is far too undervalued at this point and CRU seems to be holding its own today too.  I hold positions in both.  I figure EDV is the safer choice while CRU is just too exciting to not be a part of.  That being said I have 5 times more value in EDV then CRU.  GLTA

CC

Bullboard Posts