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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 Feb 04, 2024 12:59pm
120 Views
Post# 35861927

RE:RE:Article

RE:RE:ArticleWhat prompted me to come up with a story was that I have been curious as to why the Endeavour Board handled this the way they did.  The accounting 'error' that he was accused of, and admitted to, did not seem to be a firing offense, and for sure not in the dramatic way he was fired.  

And Endeavour had seemingly dealt with the employee complaints re their treatment by the CEO.  And again if it was nothing too serious, then firing , in  a dramatic and sudden way, would seem not normal procedure.  My worry was then that there might be another 'Hammer to Fall' or 'The Other Shoe to Fall' . So my 'story' then , which seems plausible to me, if accurate, would mean that the story is finished, no more falling hammers, or shoes, to worry about.  

Might take a little more time for confidence to return to Endeavour, but when it does there seems to be no reason we shouldn't return to the previous share price - higher if gold continues to shine.  In some ways confidence in Endeavour might even be higher, for those in the know, with a possibly , now, more solid and experienced CEO.  And a final, somewhat different , 'story' could be that Blackrock, or other big holders, decided that the former CEO had to go, and now. And that story would also mean that there will be nothing more to this story.  


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