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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

Post by RONNIE111on May 19, 2022 3:46pm
176 Views
Post# 34696322

Endeavor share price recovering well

Endeavor share price recovering wellEndeavor is up almost 5% today, with the market almost closed for the day.   
On large volume, for EDV, as well.  
To early to say, but it is starting to look like the US dollar has had a false breakout, and is (possibly) ready to return to normal.  Makes sense it would.  The S&P 500 is 3 days like yesterday away from giving up all the gains since the start of Covid.  The cryptos as they now exist are dead.  Only the crooks and scammers are left in that space. (El Salvadore and Russia?  Oh and don't forget Canada , if Poillevre were to ever be PM) The US has a bizarre amount of debt, mostly added in the past couple years.  Interest rates are still abnormally low, and once the Fed has done it's job of talking down the stock markets and the housing markets, there is a good chance they will decide no actual serious action is needed.  They will fudge the inflation numbers to back that up. 

Again , to early to say, again, but if you had a bunch of money just sitting there in a big slowly rotting away (inflation) pile; where would you put it?   
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