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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 AngelEyes3on Nov 20, 2012 3:41pm
285 Views
Post# 20623604

Tax loss already in the cards for AVR holders

Tax loss already in the cards for AVR holders

In the take over the shares were converted to EDV preffereds that were than changed to common. This automatically triggered the losses for AVR holders. Now the EDV conversion was at 2.50 price. Therefore if people are not happy to hold they will get additional capital gain losses at the current price. I think next quarter will be explosive and the shares will move once they are about to be in.

cheers

Bullboard Posts