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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
Comment by gildageon Mar 12, 2013 12:49pm
168 Views
Post# 21116737

RE: RE: RE: RE: RE: Something is seriously wrong w

RE: RE: RE: RE: RE: Something is seriously wrong w

It's not the past that is important. It's the future...

1. They are now unhedged to take advantage of the rise in the gold price.

2. Their costs will be shown to be a fraction of future gold/oz price.

3. Their future exploration/expansion  budget has already been declared "During 2013 we will be focused on realizing this growth from our existing assets with a $195 million capital program, and $32 million of exploration and feasibility study programs." N.Woodyer

4. Their mine and cash-flow growth will be stated, and the future will be simple arithmetic.

I don't know why U say "the stock is terrible". It's current price performance is terrible, but its bargain value and great fundamentals are amazing, incredibly undervalued and unbelievable!

Bullboard Posts