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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 23, 2013 5:24pm
124 Views
Post# 21291720

RE: RE: RE: RE: Just Endless

RE: RE: RE: RE: Just Endless

- The sentiment here is what I will describe as  a "market bottom" indicator.

- Yes, all gold stocks are hammered and EDV, still deemed a junior miner, is getting the "extreme" treatment.

- However, if you have been long on this stock for a while, selling here will only result losing money.

- Gold has to start moving up and the outlook has to get better for Gold Stocks. When criminal entities like BBs and CBs are hell bent to scare the bejezus out of gold investors, this pain will likely last for a while.

- I also see this as a move to accummulate shares on behalf of a competitor who wants to take over this entity.

- This is a High Risk / High Reward stock and will need patience and nerves !!

GLTA.

Bullboard Posts