Endeavour Mining plc T.EDV

Alternate Symbol(s): EDVMF

Metals & Mining Gold

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.

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Endeavour Mining plc > Friday!

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Comment by celestialman10on Mar 23, 2022 2:10pm

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Post# 34538540

RE:RE:RE:RE:RE:RE:RE:RE:Friday!

RONNIE111 wrote: Yes it hurts to be a EDV holder today. And looking at the charts in the last month: GDX up 9.61% , EDV down 3.77% . And YTD: GDX up 21.86% with EDV up 11.92%. Over the past year: GDX up 16.67% and EDV up 25.78%. Finally over the past 5 years: GDX up 66.19% and EDV up 29.12%.
So yeah, if you use past history as a predictor of the future you would, mostly, choose GDX over EDV. For me, history has a pretty mixed record as predictor, but in this case of GDX vs EDV it is certainly much easier to just buy all the gold companies (GDX) , than to try and figure out the best ones to buy.

Who is doing all the selling and why?

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