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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 Monkeydonkeyon May 30, 2017 4:20am
290 Views
Post# 26298889

Firing on all cilinders

Firing on all cilindersEdv is still firing on all cilinders. The updated DFS for ity cil will be announced soon. Construction decision also, so the team developing Hounde can move to ity immediately. Edv will probably have enough cash flow/funds available to fund ity cil, and buy a company like hummingbird.
The recent new gold discovery's just around the ity property are the next step. Think they can go to a 25y mine life at ity really soon!!! And maybe build a similar mine near Toulepleu with also a long mine life. So much potential there.

Hope they find enough at tabakoto to add a few years to the mine life. Thats important now...

Also good hopes for Agbaou and Hounde exploration!

Needless to say i am really optimistic here, and therefore i added (again) yesterday. Time to take advantage of the low price here fokes, back to 26-28 soon!
Bullboard Posts