RE:RE:RE:RE:RE:RE:RE:RE:RE:Endeavour Mining Announces C$125 Million FinancingPuzzled by the comment about hedging the Brexit vote? EDV is one of my hedges against a Brexit vote (and, later in the year, the possibility of a Trump victory in the US). If the vote is for Brexit, I expect considerable geopolitical & economic instability which, in turn, I expect to prompt a flight to gold! Could see a surge in the gold price on 24th June, if the vote is "leave" (which would also make it harder for the Fed to raise rates).
Liguidi is very much in my mind amongst the explo. options - but EDV does have a lot of potential targets in its very substantial land package, which I don't think the market is giving any value for yet (nor would I expect it to, as they're undrilled). Nothing like some good drill results to generate some further excitement!
I look forward to the results of the strategic review of exploration with interest. I expect to hear more in that anouncement about management's view of the potential of the most promising targets (including Liguidi).
Cheers,
Mark