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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 ShatnersRugon Oct 03, 2014 5:34pm
224 Views
Post# 22997737

RE:RE:RE:gold on the way up

RE:RE:RE:gold on the way upHaven't a clue. 2 weeks ago I felt that gold would attain $1300 and stay there.

Ha.

With respect to EDV, because it's so leveraged, any further decline in POG will affect the SP with more severity relative to its peers. The flip side is that a spike in POG would produce awesome gains. Geared leverage turns a fun roller coaster(PM miners) into numbing panic and insanity.

Can't believe that the SP sits at 0.59
Bullboard Posts