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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 mercedesmanon Apr 26, 2024 3:35am
170 Views
Post# 36008708

RE:RE:Not to mention that we’re not even sure we’ll get paid

RE:RE:Not to mention that we’re not even sure we’ll get paid

Since you offered...

"...Whatever the time frame, 1day, 5 days, 1 month, 3 month, 1 year, 5 years, Endeavour is underperforming peers...."
 

Since you offered, I'd like to pick the time period...two in fact ... ones most relevant to myself .

The first is ten years since the majority of my shares were purchased in 2014 to 2016. Average increase in EDV  during that time period is 6X . Comparing to a few majors ( like NEM, ABX, AEM where the average increase was 2x to  3X

Oh I also like the past 3 months ( when my last purchase was at $22)  EDV seems to be beating the majors during that time period as well ( with the possible exception of AEM -which I also own)

So the facts exposes the lies in your FUD claims.

I like the upside potential of all gold producers as of today. EDV is likely to more than hold its own from here, especially when one takes into account rapid increases in production that are due to come on board within the coming 12-24 months in new low cost mines within much safer jurisdictions. Not to mention fully funded development costs, buybacks, dividends and a rising gold price. And ....let's not forget the short
 campaign ( in place since late 2023), brought about by CEO drama, that will soon be forced to close up shop. 

Will be interesting to take a look at EDV's  margins and cash flows at $2400 gold, or $2600?, or even $3000? 


MM 
 

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