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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 birchjunkon May 15, 2013 8:13pm
104 Views
Post# 21400069

Takeover Potential Growing

Takeover Potential Growing

EDV trades at less than $900 of  EV  per produced oz .

 

No 450,000 oz producer in the last 40 years has traded below $6000 per oz.

I mean, 450,000 oz does add substantial growth to even a 2 million oz producer and there are only 2 or 3 of these.

Theres no way you could explore, develop and construct a 450,000 oz mine for less than $1 billion.

Does EDV have a poison pill ?

 

Bullboard Posts