Enduro Metals Corp V.ENDR

Share structure

[Jonathanm91]

Has anyone ever inquired to management about share structure and any future plans for a share consolidation? Share count isnt near as bad as some juniors out there, but given the size of this project, it will take a lot of time and work to develop the resource on all the different deposits going on here. This means multiple financings in next couple years, and could bring us over 300 million shares outstanding, Which wouldn’t be ideal for share performance

[PAPADAKIS]

No and why?  are you worried?  if ENDR is 3 x the size of tudor and tudor hit $4.50 does it really matter?  ENDR will be a $5 stock soon.

[Jonathanm91]

It matters. You can’t just compare Tudor to endr, their share structure/market cap is different, and properties are entirely different in the way they’re mineralized, which makes that comparison invalid. You have to look at market cap not share price.The more shares that are issued, the more dilutive it will be to shareholders. More shares equals higher market cap which equals less performance in

[Jonathanm91]

That being said, we have a lot of exciting things to look forward to here. There’s a potential for some different mine setups here. Very curious as to the recent nickel cobalt finding, and if there’s a large enough resource there to constitute someone mining it out. Fingers crossed for some assays in October to get this thing moving again. The markets have been terrible. Need gold to rocket and

[PAPADAKIS]

Do you not at least see $2 or $2.50 for ENDR?

[Jonathanm91]

I’d say take anything anyone says in regards to share price with a grain of salt, cause it’s impossible to know without a resource estimate.  Given the size of the land package, and the different mineral events going on, I could see $3-$5 eventually, if they can find economical resources of all the minerals. That’s approx 500-900 million market cap. Too early to even make these kind of calls

[Teko1974]

Excellent point my man! One thing I love that endr has said " we will release drill results in batches" I smell $$$$

[Jonathanm91]

Fingers crossed! Need some more intersects like that 44 metres of 4 g/t AU, 4 g/T AG, .29 % copper. Some more of the 144 M of 3.18 g/t AU, 3.66 g/t AG wouldn’t hurt either. Not to mention the 54.7 M of 7.64 g/t AU and 8.98 g/t AG within that... That first intersect was found in 2019 while they were still so new to the property, and the second intersect was just laying in a core shack by the

[sparkdog]

Exactly! I guess some people think that is all there is on this huge property....from just the few cores assayed to date.

[Bouzouxi]

As per kingsley and Cole endr will be on the map by 2020.  Relax End of November through December will be a time to remember