Endeavour Mining (EDV.TO, EDVMF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Endeavour Mining (EDV.TO, EDVMF)

EDV.TO 76.60

+0.5%

1:16 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Madharry who wrote (235)	10/18/2007 7:46:10 PM
From: Madharry	Read Replies (1) of 544

Plg hit a new high today continues to remain undervalued relative to DGC. I continue to be massively overweight here. KRI.to a mongolian uranium play is recovering nicely up around 9% today. I am overweight here too. having initiated a position in the low 5s adding in the low 3s and after an errant GOM press release resulitng in share price being halfed i tripled my position below 2. Laramide, an australian company based in canada recently acquired 12% of kri by paying in shares and warrants a price that i equated to $2.68 canadian so I derived a great deal of comfort from that industry insider purchase. I believe they wouldnt have made the purchase if they didnt believe it was worth at least double that or over $5 canadian for sure. I am overweight here too because of the price rise. But I plan to hold until i see 5s. STM.V is another uranium company that is also slowly recovering. its assets are US Based and it bought properties that they believed were economic at $30 a lb. I expect they will do quite well over the long haul. As I stated on the value thread I just purchased some out of the money november spy puts as a little portfolio insurance. It is just inconceivable to me that US real estate, and banks will do poorly, the consumer will be adversely affected by fuel and heating costs yet the SPY will continue to flirt with new highs. It just doesnt make sense to me. Last but not least SIL, I believe continues to be a misunderstood gem . I am hoping that 2008 will be the year they start to show good output from their mine and perhaps some nice results on other properties that the market price does not reflect.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next