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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
Post by Tengrion Jun 24, 2016 4:33pm
302 Views
Post# 24997117

The Story and the Fairy Tale

The Story and the Fairy Tale
It isn't about Brexit, not at all. The story is about slowing economies, flooding currencies, thrilling debt amounts and devastating derivative bubbles.

Brexit happened and is just right now being used as a fairy tale in order to explain the kids and kid-equivalents who was the bad "wolf" and why things went wrong.

I assume that this fascinating story/fairy tale will find its continuation on Monday.

Staying "Long" Endeavour Mining, principal target USD 44 until EOY,  I do not rule out that I may be trading a third of my holdings from time to time, but certainly "short-time" not below USD 24-26.

Cheers, Tengri
Bullboard Posts