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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 realmodgilon Oct 02, 2015 5:16pm
124 Views
Post# 24159005

RE:RE:10:1 Share consolidation

RE:RE:10:1 Share consolidation The funny thing is, that if Gold Price starts going up from here, this deal is going to look pretty bad. Considering that insiders own less than 5% of the O/s shares, whether this deal makes or breaks rests on institutional and retail shareholders. This deal only enriches one group of people and they are scr#wing the existing shareholders As someone posted earlier, there is no reason for this deal and it is going to be a net loss to existing shareholders, as opposed to what has been advertised. The retail shareholders are scr#wed bcos on the institutional side, the parties might be same as debtors. So they will benefit on the debt side. Sorry bagholders !! Lolololol !!
Bullboard Posts