Endeavour Mining plc T.EDV

stop complaining

[drweath]

so....they fired the ceo with such solid grounds for dismissal that he not only forfeited 10's of millions but he wrote a check to pay back funds?. So the designated ceo from the board steps in and cleans shop with the complicit senior management ( moving on to new ventures). 

and do  you whiners  complain on this stock?
what institution properly run could invest millions in edv and it pass DD. Not yet but we  know the raw fundmentals.....and its going to spit out tons of cash
when the dust settles this will be merged with a peer with a real CEO who has vision to exploit this cash machine. ( perseus comes to mind. ...they mint cash and  now buying up properties on the cheap because they are run by a solid CEO!

this is a no brainer to accumulate as gold runs. buying back stock and stong dividend.

[mercedesman]

I am inclined to agree.  Cash flow solves all problems in time. Due to start in ernest H2  Until then, the past "CEO taint", and some residual BF issues ( which they have largely exited), will hold it back. Mgt could expedite things by entertaining takeovers. I believe it's now 11th or 12th largest gold producer, so few buyers big enough.  Either way I'm

[chintzy]

Speaking of cash flow if gold can consolidate aroung this level we make $1500USD/oz. X a million oz. = about $2 billion CAD while market cap is just $7 billion CAD.

[mercedesman]

And then what happens if gold gradually moves up to $3000/oz and beyond ( as many experts are now predicting) and production returns to over 1.3 million oz and beyond?  Does it languish with a MC of just 2-3 times cash flow ? I hardly think so !  MM