Endeavour Silver Corp T.EDR

Risk is now adding up

[godisgr81]

Mining is very risky business. Just look at VG. One big accident and your finished. EDR has many catalyst but it only takes one or two to destroy Sharholder value.  Losing money when market and pricing is heading north and production failure only adds to growing risk. Better times ahead maybe to load up but sitting on sideline might be more prudent.

[Dragonflyinvest]

" sitting on sideline might be more prudent."   You’re talkin' about cash under the mattress?  My very first choice was between my capital located in cash or an investment vehicle.  Twenty years ago, I began shorting the USD with purchases of gold because of the weakening of fiat currencies like USD due to expansion of global debt.  Then I learned of miner’s

[Dragonflyinvest]

“One big accident and your finished.” The Crrego do Feijo tailings dam, built in 1976 by Ferteco Minerao [pt] and acquired by the iron ore mining corporation Vale S.A. in 2001, was classified as a small structure with low risk of high potential damage, according to the registry of the National Mining Agency. In a statement, the State Department of Environment and

[Dragonflyinvest]

The important point of future tailing dams, etc. failing is that they were engineered with old weather information.  Who designs a structure to withstand 10 times the average precipitation?  Certainly not the Mayan.   “A 1,000 year old, 49-foot pyramid in the state of Michoacn, Mexico, partially collapsed due to intense rainfall on the night of July 29. According to Science Alert