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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 Goldbug2703on Mar 15, 2023 1:10pm
166 Views
Post# 35340323

Miners

Miners
Gold are rising strongly and miners are down... Is it a liquidity drain caused by the general turbulence or is it a total lack of faith in miners. Each time gold is climbing above 1900, miners are going lower and lower... This is pathetic, so weak.

The price of gold is not reflected in miners at all. The selling pressure is high and I can just imagine what would happen to miners if gold went back to the level of 2019... Miners would go to 0.

Even when gold is close to all time high, miners can barely move upward.
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