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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 Dale327845on Oct 03, 2022 12:37pm
205 Views
Post# 35001807

Share Price

Share PriceI figured the top price for EDV was mid 36s, tho maybe there was a couple hours spike abit higher.  So now down about 33% since then.  And yes, GDX has done simply terrible, but if you bought awhile ago, the increase in the USD would have helped Canadians.

My guess is todays underperformance isn't because of The Coup.  The Coup is just a change of army guys in charge. No big deal.   I think when EDV does something counter intuitive , share price wise, it is because of the heavy owenrship by funds - looking at you Blackrock.  Those funds cannot be trusted, they are full of bad actors.  And often they don't invest in companies, but rather just play games with them.



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