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Bullboard - Stock Discussion Forum 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... see more

TSX:EDV - Post Discussion

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Post by RONNIE111 on Apr 16, 2021 2:03pm

shorts

Looks like the shorts are coming in in force.  They have had a great trade, all algorithm no doubt: gold up 1 or 2 %,  gold co goes up 5% or more - short;  gold drops and gold co drops - cover and go long.  Seems like it has been months of that.  And sure seems that is what is holding back the gold cos today.  But gold is holding todays gains, and lots are saying that the breakout in gold is real , and if so then a big short covering/ squeeze is on the way.  And then we are back to 5 % or better days, IMHO.
Comment by Dragoon on Apr 21, 2021 12:38pm
In the meantime the money printing continues. Who knows, maybe reddit wants a piece in Endeavour, LOL
Comment by RONNIE111 on Apr 21, 2021 7:07pm
I did think awhile ago that I should go on Reddit and pump gold and EDV.  And then I remembered that I was suspended from there awhile ago , for six months.  I was writing on one of the Bitcoin forums, having some fun .  Those guys (yes all guys) on there are very fanatical.  You say something bad about their Bitcoin , and it is like you were accusing their mothers of ...more  
Comment by Deebers on Apr 22, 2021 12:42am
There is merit to allowing BTC show how the USD is in it's twilight as world reserve currency status. Nibble at dips. Or don't. You'll get paid either way since you're invested in gold. But you will likely get paid both ways if you do, since there is less opportunity to relentlessly attack the price with paper contracts as there is with gold. It doesn't have to be one team vs ...more  
Comment by mercedesman on Apr 22, 2021 10:50am
Well said. It's my primary reason for an investment in gold.  I prefer the leverage in gold miners vs gold itself (with the exception being phsical silver & silver miners which I also own). I'm also dabbling in BTC and ETH for essentially the same reason. And you are correct the corrupt banks have figured out a way to manipulate the PoG via futures and paper contracts. There is ...more  
Comment by RONNIE111 on Apr 22, 2021 11:03am
I know this is an EDV forum, not a Bitcoin one, but there hasn't been much action here lately , and not much to write about re: EDV. Just watching gold and EDV slowly chug higher.  I am waiting for when they start buyng shares. And for how big the dividend will be this year. Otherwise everything seems pretty predictable (I guess they could hit a big surprise deposit somewhere)  we ...more  
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