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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 ghost11on Feb 13, 2015 2:47pm
213 Views
Post# 23428180

RE:Tight trading range

RE:Tight trading rangeI have a sizable position, plus always traded because it used to move some 4-6 cents a day between high and low, recently it is not budging. I have a feeling that since they got the mine permit may be looking for financing , a bought deal may be at this range.  There a news that one mJor shareholder is reducing position. Hard to say where it is going but financing may cause dilution and share may drop before rebounding with asset revaluation. Plus they are paying debt ahead of schedule, what to make of that?
Bullboard Posts