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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

Comment by matt2018on Dec 28, 2023 11:11am
67 Views
Post# 35802641

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:One step up, two steps down

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:One step up, two steps downwe can't compare gold stocks to Costco, Nvidia, Tesla, etc.
Could only compare it to perceived "store of value" strategy, historically Gold's main purpose (hedge against inflation for example).  Just saying that new gen of investors don't care much for gold.
Yes, I am invested in Bitcoin/Crypto companies (but mostly Oil, Gold, Copper co's).
It's very volatile. Not for the faint of heart.  My son got me into it.  Didnt even know what it was untill a few years ago.  Gave him a gold coin for xmas one year, first thing he asked was "can i sell it to buy some bitcoin" (believe it was trading for $10,000 at the time).  But you need to watch it closely and take profits out quicker. Can be profitable because the large movements.  But can go the other way on you quickly as well.  Tight stops required.



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