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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based multi-asset gold producer focused in West Africa. The Company has five operating assets consisting of the Hounde and Mana mines in Burkina Faso, the Ity and Lafigue mines in Cote d’Ivoire, and the Sabodala-Massawa mine in Senegal, two greenfield development projects (Assafou and Kalana) in Cote d’Ivoire and Mali and a portfolio of exploration assets on the highly prospective Birimian Greenstone Belt across Burkina Faso, Cote d’Ivoire, Senegal, and Guinea. The Hounde mine is located in the northern part of the highly prospective Hounde Greenstone Belt, approximately 60 kilometers (km) south of the Mana mine. The Ity mine is located in western Cote d'Ivoire, 480 km west-northwest from Abidjan, in the prefecture of Zouan-Hounien. 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.


TSX:EDV - Post by User

Comment by mercedesmanon Sep 21, 2021 11:45am
161 Views
Post# 33892348

RE:RE:RE:Gold Price

RE:RE:RE:Gold Price" And just doing the opposite of what I think it will do is still only ussually about 50% accurate."

That's a classic line Ronnie.  May I use that?  lol

While none of us can predict when gold will make its move, I do know that if you are out when it happens (I prefer not to use the word ifthere will probably be about 5 days of ownership that will give you 75% of the upside return.

The challenge is to be in something that honours the time value of money.  You don't (necessarily) want to wait 4 years to achieve that 80% return on your investment (although if you think about it, with a interim dividend, it's not a bad ROI)

I have a family member that has achieved a 150 bagger return on one particular crypto...and 5 to 10 baggers on the two most popular ones.  It's hard to argue with her when discussing the merits of gold vs cryptocurrency...but I believe at some point in the not too distant future, I will have the upper hand.  Until then I have to keep my mouth shut.

MM
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