Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Nickphilon May 13, 2021 3:52pm
248 Views
Post# 33196713

RE:RE:RE:RE:Q1 Results

RE:RE:RE:RE:Q1 Results
marben100 wrote:

Unlike some investors, I prefer to get my exposure to the gold price through dividend paying quality gold miners, rather than holding the metal directly. And I want some gold exposure in my portfolio, as a hedge against economic and political uncertainty.



The same strategy here. Holding high-quality dividend-paying producers and holding them for the long run.  Endeavor,  Polyus, Polymetal, and Newmont are my greatest positions.  Curious how many of them are in common.
 
In the case of the physical metal, I think the Sovereign coin is the best exposure since it broadly recognized and is suitable for smaller transactions in difficult times (because of its relatively small value).   
 
We haven't seen inflation in the western world for decades. However, I think we are near to the point where we have to inflate out our government debts (the on-balance sheet as well as the off-balance sheet). 
<< Previous
Bullboard Posts
Next >>