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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 bullbleepon Sep 26, 2012 10:19am
429 Views
Post# 20415398

EDV looks excellent.

EDV looks excellent.

I have done lots of snooping to find another junior that stacks up to EDV. They are hard to come by, companies in the 200,000 plus ounces per year with a defined path to 500,000 and a good balance sheet. IMO, the biggest risk with EDV is the countires we operate in......and that needs to factor into any valuation. However, the government trying to clean up Mali is a welcome indication of Mali being a good place to invest. 

Bullboard Posts