Endeavour Mining plc T.EDV

Friday!

[05RfidRich]

Gold goes down EDV goes up, and by 90 cents. Felt great all weekend for being a small part of this success story. I will tell my grandchildren that i made my money believing in West Africa. 
West Africa has so much potential, and from a far view, you can feel the want to succeed.
The next few weeks will be very interesting for gold and gold miners. Nice to see Reuters with CIBC scores EDV 10-10.
GLTA

[galnakon]

And today. gold up, GDX up 3.5% n EDV.TO down 1.7%. More than 5% underperformance from its peers. Clearly not a satisfying performance from this disappointing stock.

[galnakon]

Down -4% while GDX upp 2.5%. What a great stock! NOT.

[RONNIE111]

T.EDV RE:RE:RE:Completely sick  0   Ha ha! Good you still have faith and sense of humour over the worst... December 9, 2021 T.EDV Completely sick  1   The stock is down 22% since the report and

[RONNIE111]

T.EDV RE:RE:Friday!  0   Down -4% while GDX upp 2.5%. What a great stock! NOT. 6 hours ago T.EDV RE:Friday!  0   And today. gold up, GDX up 3.5% n EDV.TO down 1.7%. More than 5... 8

[theCurse]

You must be the jr/nephew to another guy that appeared ((used to?) on bad days with nothing else to add but basic daily math and insults/slurs.  Sell - move on - a gold stock is not for you.   If i wasn't thinking gold may take a $100-200 hit in the short term, i'd be filling my boots at this price. tC

[galnakon]

Sure... But hey, only -3% today so I guess I should be happy. This stock will never perform. Such a joke. Always underperforming GDX both up and down.

[theCurse]

I don't believe you. https://schrts.co/yvRSwrTZ https://schrts.co/mGGcjnRi If you expect it to track the GDX on a daily basis....buy the GDX. tC

[galnakon]

Another day where gold is up 1%, GDX +1% and EDV.TO down -0.6% but I should be happy. This is just amazing 13 or the last 16 days, EDV has underperformed. Really appalling. It hurts to be shareholder.  

[RONNIE111]

Yes it hurts to be a EDV holder today.  And looking at the charts in the last month: GDX up 9.61% , EDV down 3.77% .   And YTD: GDX up 21.86% with EDV up 11.92%.  Over the past year: GDX up 16.67% and EDV up 25.78%.  Finally over the past 5 years: GDX up 66.19% and EDV up 29.12%.   So yeah, if you use past history as a predictor of the future you would,

[celestialman10]

Who is doing all the selling and why?

[RONNIE111]

Well I am not selling, not that my selling would have any impact.  I have sold companies before: gold companies, whatever companies; once I figured out I had bought a 'dog' the only thing to do was sell, regardless of the loss.  They were companies that had shown early promise and then never delivered.  Pretty much the opposite of EDV which has delivered in spades.  I

[theCurse]

Did anyone bother to look at the GDX vs EDV graphs I linked?  Daily and weekly versions. On thing is certain, those two lines will meet up again.  Of course the million dollar question is where and when.   GDX falling back, EDV moving up, both falling back only with the GDX faster? I mean the last 2-3 weeks show a huge divergence....but it never lasts. I suspect gold miners are

[galnakon]

And we get another big divergence today again. Whatever gold does, EDV is much worse than GDX. Another -1% now vs +1% on GDX. It's completely hopeless. EDV is valued with gold at 1950 exactly the same as when gold was at 1700. This is not acceptable.

[RONNIE111]

What the FK? GDX is within spitting distance of it's all time high.  EDV started dropping March 1.   The only thing that makes sense, and totally explains things, is that one of the big funds that holds lots of EDV is selling off their stake.  Slowly so as not to crash the price.  GDX and perhaps EDV share buyback is picking up the shares, mostly.   So the

[RONNIE111]

Correction  In the following post I wrongly said GDX is approaching an all time high.  Should have been is approaching it's highest since 2013.  When gold spiked higher in 2011, GDX was considerably higher than now.  Gold companies continue to be very undervalued to the price of gold.  

[biker222]

barrick could be a seller....they just divested in skeena. maybe its time to clean up the rag tag holdings that are not long term holdings...?????? they could be an interesting bidder!

[theCurse]

A larger seller certainly could have used the FTSE listing as a way to sell a bunch of shares and continuing to do so  Seem like gone are the days of large crosses to clear out a large seller/buyer and rather they just use algos.  House position summary might be useful. Very tempted to buy but still concerned with gold.  Hoping it drops down soon for a handful of reasons