Endeavour Mining plc T.EDV

Alternate Symbol(s): EDVMF

Metals & Mining Gold

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.

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Endeavour Mining plc

Bullboard Posts

Comment by unclesam2on Jun 17, 2013 3:21pm

220 Views

Post# 21533778

RE: Goldman Sachs Canada on a ...

- Bwana, my guess is that the index rebalancing has something to do with this. GS Canada might be the index MM and this I believe is as close to a "forced liquidation" phenomenon, you can get for EDV.

- There is absolutely no other reason why EDV should be getting sold this way.

- I believe, we just have to wait for this "forced liquidation" to run its course before this stabilizes.

- Reminds me of good old days of initiating positions in late 2008 and early 2009. If you did, you made a fortune in the next 2 years.

GLTA..

Bullboard Posts

Visionstate set to leverage success in the U.S. market