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Gold/Mining/Energy : Endeavour Mining (EDV.TO, EDVMF) -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (509)	11/15/2010 8:33:14 PM
From: Madharry	Respond to of 544

gfre 3 Q conference call: ceo cfo vp of finance. on call: 73.2 % bromine and crude salt 87% of capacity, demand continues to be robust, prices stabilized in Q3. price remains abot 3k per ton. gpm inreased. new pesticide additives more profitable .chemical products sales up 35%- waste water additives. positive preliminary report from deloitte. 62% increase in revenues. gpm 38% vs. 34%. 15 million profit. 39% increase? $73MM cash at end of quarter. postponing equity issuance. no reason to sell more shares at theses prices. ( no disclosure on share repuchases) q4 utilization will be lower because of winter and down time. q4 so far running at 80%. acquisition difficulties- rise in bromine prices makes it hard. looking to improve waste water treatment production. 10% of bromine production is used internally. ( I think $1.60 FORWARD eps and $2 in cash justifies $18 price easy. )