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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 omroon Feb 19, 2014 9:32pm
198 Views
Post# 22227982

Correction? Not a lot of chatter today.

Correction? Not a lot of chatter today.
LOL. Interesting that there is very little chatter today.
 
I really should have followed my gut instincts. All last week I kept saying to myself, this rally is too good to last!
 
On the Friday, when it hit 85 and then crashed down, I jumped out at 82 and felt pleased with myself. Plus, going away this week to Florida, I thought I could relax and not think about this. I read all the comments on here and when the price of gold went up over the weekend, I felt rather anxious that I had jumped the wrong way.
 
So... I panic bought on Monday at 81 and the stock went... nowhere. It even sank a little. Bugger. 
 
Today I was out all day in the Everglades, so no internet and I just got back and gold seems to have corrected and Endeavour tanked by 5c and I'm now looking at a loss of over $2k and I could have picked up another 3000 shares if I'd followed my gut. Double Bugger. 
 
Hopefully this is just a small correction and we're back up to 81 and beyond soon!!
 
Any thoughts?
Bullboard Posts