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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 unclesam2on Apr 03, 2013 11:09pm
274 Views
Post# 21208529

RE: RE: RE: Technically..

RE: RE: RE: Technically..

- Why are gold producers being treated like trash is beyond me. The Gold Price currently means nothing as it is the Paper Gold which is dictating the price at these levels.

- There was news out today that one of the major Dutch Bank defaulted on physical delivery of gold to its clients and have offered to pay back in paper money based on the current gold futures price which everyone knows is being manipulated.

- This game is now rigged beyond imagination and the only way gold producers can get back at this is by getting off the futures market and valuing pfhysical delivery of gold on a price agreed between them and the end buyer.

- This paper market in Gold is a joke and everybody knows it.

 

 

Bullboard Posts