Endeavour Mining plc T.EDV

Galnakon is….

[couples4]

.....right from the beginning..I don't understand why people here dare to say otherwise.I am here because I was a shareholder of Teranga.3years ago EDV bought us for around 30$.Last year in June when gold was below 2000$ I sold a quarter of my holding at 36,50$ to buy the equivalent in Agnico shares at 69$.As I write EDV is at 27$ and Agnico is around 103$.All this while the price of gold is 400$ higher.
There are several reasons for this and it is not just because of the management.Agnico operates in a safe jurisdiction.The same cannot be said for Endeavour.Either countries are at war with terrorists or countries want to change the mining code.The only country where we have a mine that seemed safe has just had a strike for 4 days at Sabodala.Not to mention that they haven't even managed to get paid for the 2 mines they sold last year for supposedly 130 millions.
It would be easy to say that I should have sold everything a year ago to put the slight profit in Agnico but i still believe in a rebound in Q4.Some analysts have predicted en EPS of over 1$ for the last quarter when all operations will be at their peak.I´m willing to wait a little longer to see if they´re right.

[theCurse]

What's that whiner right about?  Coming here on bad days and crying?  Only bad days and only crying about what the stock did *that day*.   One would think that EDV must be nearing zero based on his posts. Listen, sure going back and picking a good (hindsight) gold stock 3 yrs ago and comparing it to another one which has had an incredibly bad last 9 months (I am referring

[galnakon]

Sure I am complaining on bad days because most of the time are bad days and Edv is underperforming GDX big time. As a shareholder, give me one reason not to complain when the stock is a disaster, when the CEO is a crook, when insiders are selling, when the company can't even earn money with gold at ATH 2400. The stock is a total failure. Today is no exception -1,5% while gold and peers are up.

[theCurse]

Sell and go away.  THAT is what nobody here can understand.  Buy the GDX - if you must remain in gold (although you obviously do not have the stomach for the risk gold brings)  than that is your best avenue.  Or is it because you can't whine about the GDX because it is an index??????  I already explained my strategy which obviously indicates i am not married to this

[theCurse]

A Canadian GOLD etf...with a bunch of big names https://www.bmogam.com/ca-en/products/exchange-traded-fund/bmo-junior-gold-index-etf-zjg/ Click on ALL for the entire history of this ETF.  It is up 2.1% since it's inception in 2010 tC