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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 goldeneggon Mar 22, 2015 10:14am
145 Views
Post# 23548306

RE:RE:So What really happened on Friday and why was EDV down ?

RE:RE:So What really happened on Friday and why was EDV down ?index rebalancing and when the occurs every fund manager will sell (even at a loss) to at least match the performance of GDXJ. So continue to own it, why not reduce and buy the SMF or TGZ but if you really have the conviction take the trade in FULL. Between those two though, its TGZ as it offers more value and upside.

If you folks have the guts -  the play is JNUG - if you are all bullish on the junior gold miner space. 

User image

The one thing is the concern here is the debt as you all know. Don't be this like those guys over ANV.



Bullboard Posts