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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based multi-asset gold producer focused in West Africa. The Company has five operating assets consisting of the Hounde and Mana mines in Burkina Faso, the Ity and Lafigue mines in Cote d’Ivoire, and the Sabodala-Massawa mine in Senegal, two greenfield development projects (Assafou and Kalana) in Cote d’Ivoire and Mali and a portfolio of exploration assets on the highly prospective Birimian Greenstone Belt across Burkina Faso, Cote d’Ivoire, Senegal, and Guinea. The Hounde mine is located in the northern part of the highly prospective Hounde Greenstone Belt, approximately 60 kilometers (km) south of the Mana mine. The Ity mine is located in western Cote d'Ivoire, 480 km west-northwest from Abidjan, in the prefecture of Zouan-Hounien. 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.


TSX:EDV - Post by User

Comment by Dale327845on Jan 06, 2024 10:03pm
135 Views
Post# 35814279

RE:Investor Class Action Investigation: Endeavour Mining

RE:Investor Class Action Investigation: Endeavour MiningPlease Garth go away.  Take your 'gold digging' lawyer bullshxt somewhere else.  Class actions - are always only for the benfit of the lawyers ( ok almost always).  How could a class action against our own company possibly help us shareholders.  So say 'we' win, and by 'we' I mean mostly you.  And Endeavour is ordered to pay , just saying , $750 million , approx the market cap loss.  So you take what ? 50% or more is pretty standard.  And each of us shareholders gets about a dollar  per share (based on the huge $750 million payout which would never be awarded.  Most often the award is negotiated between the company and the lawyers, just to get the thing settled as they are very disruptive to the company, to be equal to the lawyers bill) .  And if that amount were awarded, ( impossible as it is) EDV share price would crater by maybe $ 5 dollars a share.  Great win for the lawyers, for the share holders a big loss, which is what these class actions always are.  

Go away Garth.  If anyone has the chance to let him know this more, um personally, please do.


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