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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based multi-asset gold producer focused in West Africa. The Company has five operating assets consisting of the Hounde and Mana mines in Burkina Faso, the Ity and Lafigue mines in Cote d’Ivoire, and the Sabodala-Massawa mine in Senegal, two greenfield development projects (Assafou and Kalana) in Cote d’Ivoire and Mali and a portfolio of exploration assets on the highly prospective Birimian Greenstone Belt across Burkina Faso, Cote d’Ivoire, Senegal, and Guinea. The Hounde mine is located in the northern part of the highly prospective Hounde Greenstone Belt, approximately 60 kilometers (km) south of the Mana mine. The Ity mine is located in western Cote d'Ivoire, 480 km west-northwest from Abidjan, in the prefecture of Zouan-Hounien. 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.


TSX:EDV - Post by User

Bullboard Posts
Comment by borne2runon Jan 25, 2015 1:14pm
147 Views
Post# 23360989

RE:RE:RE:Rational Ideas for Management: If they are interested !!

RE:RE:RE:Rational Ideas for Management: If they are interested !!davgro,  thanks for the detailed reply.  I don't know anything about bustar and took his posting at face value because the language was NOT similar to that of the trolls encountered on other boards. 

I have no intention of getting into a back and forth discussion with bustar as my points were very obvious to anyone who follows the gold industry.

According to my fundamental models, EDV is still very undervalued.
From a technical perspective the intremediate term exponential moving averages (30 - 60) are about to experience bullish crossovers.
The last signal (bearish crossovers) occurred md September with price in the high 70s, low 80s.

Buy low, sell high, and repeat.
Bullboard Posts