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Miner making all the right moves

Stockhouse Editorial
0 Comments| August 8, 2012

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Top Bullboards post:

You know, I wouldn't mind if they picked up Volta as well... not at this SP, as others have said, they need to wait for their SP to recover to the $2.50 - $3.00 range at a minimum, however as it stands, the new EDV has significant and impactful growth prospects, however they are all pretty low CAPEX... i.e. they can pretty easily fund all new developments from internal cash flow, which should be in the $200 - $300 million range after the acquisition of Avion Gold Corp. (TSX: T.AVR, Stock Forum) writes elmothefearless in the Endeavour Mining Corp. (TSX: T.EDV, Stock Forum) board.

Top Bullboard:

Intertainment Media Inc. (TSX: V.INT, Stock Forum) received the highest number of reads and posts.

Top blog:

Ravine416 says central bankers’ remarks have set the direction of the indices again, providing corporates with what seems like an unlimited supply of sand ($) for playing with all the toyes (like ah….derivatives) in the exclusive members only sandboxes. Have you ever wondered why there would be circuit breakers for downside risks and no similar circuit breakers for upside risks? Ravine416 was writing in the Central Banks blog.



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