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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
Comment by theCurseon Aug 10, 2020 6:57pm
163 Views
Post# 31390081

RE:RE:RE:RE:Gold Price Share Price

RE:RE:RE:RE:Gold Price Share Price
MM,

I agree with your thoughts on the dividend.  start small and grow it.  nothing worse than having to cut a dividend.  long time argument i've held is there is not reason to hold a gold producer unless they give a dividend at some point.  otherwise they just consume themselves....dig out one hole only to start digging the next.

i'm at the point where, apart from trading EDV on a sine curve and waiting until the end game comes in explorer MOZ (though am selling on the way up) - i'm out of individual gold stocks for the foreseable future.  if they take a big hit - i'll core up in EDV.  If the general markets take another hit - i'll seriously up my initial march investments in dividend paying CDN ETF's.    Not exciting but an nice income stream.

tC
Bullboard Posts