Endeavour Mining plc T.EDV

Alternate Symbol(s): EDVMF

Metals & Mining Gold

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.

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Endeavour Mining plc

Bullboard Posts

Comment by Monkeydonkeyon May 03, 2016 11:19am

255 Views

Post# 24836909

RE:RE:RE:reduction of debt is pretty amazing

I didnt see great news, just exactly what i expected (its even slightly better since 4000 ounces werent sold).

Market is reacting positive to the numbers. Gold is down, so miners down, but edv is top of the class. Correction in gold, miners and usdindex is just healthy, but the tone is set.

Here's what i predict for end of year: usdollarindex 80, silver 23, gold 1400, edv 25 (based on 200M FCF and P/FCF ratio of 10)

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?