Use access key #2 to skip to page content.

XMFSinchiruna (27.47)

Endeavour Silver and the Art of Perfection

Recs

46

November 07, 2011 – Comments (20) | RELATED TICKERS: EXK , GPL , PPP

Hope you all enjoy my write-up on Endeavour Silver, which recounts my observations during a recent tour of their Guanajuato operations.

http://www.fool.com/investing/general/2011/11/07/fool-exclusive-endeavour-silver-and-the-art-of-pe.aspx

Please let me know of you have any questions about the company or its growth prospects, and I look forward as always to receiving your feedback on this latest piece.

If anyone has asked you lately whether you know of a good silver stock, consider sending them a link... I think Endeavour makes a phenomenal long-term selection for silver exposure, and don't forget that the company's exit strategy is to build a company that a consolidator will be unable to resist.

http://www.fool.com/investing/small-cap/2010/08/13/endeavour-to-pinpoint-one-major-growth-spurt.aspx

Exiting the discussion with an exit strategy
Barker: What are your views on consolidation within the industry?

Cooke: We've talked about consolidation in the junior producers' sector for several years, and the main reason that hasn't happened is that most of the companies, including Endeavour, were just too small. They weren't material enough for senior silvers to care about, and there is no mid-tier in the silver mining sector. That's why Endeavour is so keen to grow into that space. We then fall into the rearview mirror of the senior silvers, and the senior gold/silvers. So yeah, I think there will be a consolidation of the silver sector. Endeavour is trying to be the first, and if we are successful, then I wouldn't be surprised if we see a couple more deals on the heels of ours.

Barker: Is being taken out by a senior silver producer desirable from Endeavour's standpoint?

Cooke: I think there's no question that if you can get all of your shareholders out at the tip of a friendly deal, that's the best way to maximize value for stockholders. That's part of our exit strategy -- to build a company that somebody else will totally want to own.

20 Comments – Post Your Own

#1) On November 07, 2011 at 3:41 PM, Jbay76 (< 20) wrote:

I totally want to own them.....:D

Report this comment
#2) On November 07, 2011 at 4:55 PM, SN3165 (< 20) wrote:

Hi Sinch, I just put this together and was having trouble uploading to the site. What to expect from Sandstorm Gold 3Q: 

The Santa Elena Mine – Produced 8,805 ounces of gold in 3aq. Sandstorm entitled to 20 percent, or 1,761 ounces.  Cost per ounce: $350. Est. Revenue - $2,993,700. (Using $1,700 gold)

Black Fox Mine – Provided a production update on Oct. 13 – 16838 ounces in 3q. Cost per ounce of $500. Sandstorm entitled to 12 percent – or 2,020.56.  Est. Revenue -  $3,434,952.

Aurizona – 13,474 ounces produced in 3Q – sandstorm gets 17 percent or 2,290.

Cost: per ounce -$400.  Est. Revenue -  $3,893,000.

2,993,700.

3,434,952.

3,893,000.

$10,321,655 total est. revenue. 

Santa Elena Cost per ounce: 350 times 1761 = $616,350.

Black fox cost – 500 times 2020.56 = $1,010,280.

Aurizona  - 400 times 2290 = $916,000.

Total cost - $2,542,630.

SECOND QUARTER – The company recorded revenue of $5.58 million on gold sales average price of $1500. Net incom of 2.2 million, or .01 eps.

Expect this quarter - $10+million in revenue, net income around $5-7 million. 

 *NOTE: This DOESNT include the summit mine, owned by Sante Fe Gold corp. I could not find the production numbers on their site. Sandstorm has agreed to purchase 50% of the first 10,000 ounces of gold from them. Also note that this post doesnt take into account other costs like administrative fees.

Report this comment
#3) On November 07, 2011 at 5:54 PM, skypilot2005 (< 20) wrote:

http://finance.yahoo.com/news/Brigus-Reports-Assay-Results-bw-3951247384.html?x=0&.v=1

Brigus Reports Assay Results of 7.78 gpt Over 22.1 Metres 147 Gold Zone on the Black Fox Complex Continues to Produce High Grade Assays

7/7/11

Sky Pilot

Official Web Link Assistant to Sinch

Report this comment
#4) On November 07, 2011 at 6:34 PM, SN3165 (< 20) wrote:

@skypilot, I'm asuming that's really good drill results.

Report this comment
#5) On November 07, 2011 at 10:12 PM, XMFSinchiruna (27.47) wrote:

SN, those are phenomenal results. Excellent thickness for a grade that high, which has characterized many of the results from 147. It's turning into a very exciting project, and the initial resource estimate should prove a very nice catalyst.

Report this comment
#6) On November 08, 2011 at 9:08 AM, walion (< 20) wrote:

Sinch, thanks so much for this article.  EXK's technical pattern looks really bullish.   

Report this comment
#7) On November 09, 2011 at 8:58 PM, skypilot2005 (< 20) wrote:

http://www.silverwheaton.com/News1/PressReleases/PressReleaseDetails/2011/Silver-Wheaton-Announces-Dividend-Triples-in-Current-Quarter-Based-on-New-Dividend-Policy-Linked-to-Operating-Cash-Flows11272/default.aspx

 

silver wheaton announces dividend triples in current quarter based on new dividend policy linked to operating cash flows

http://www.silverwheaton.com/News1/PressReleases/PressReleaseDetails/2011/Silver-Wheaton-revenues-and-operating-cash-flows-double-in-the-third-quarter1127234/default.aspx  

silver wheaton revenues and operating cash flows double in the third quarter

Sky Pilot

Official Web Link assistant to Sinch

 

Report this comment
#8) On November 10, 2011 at 10:31 PM, skypilot2005 (< 20) wrote:

http://finance.yahoo.com/news/CORRECTION-Aurizon-Reports-iw-3306693465.html?x=0&l=1

CORRECTION: Aurizon Reports Third Quarter 2011 Results 11/10/11

Sky Pilot

Official Web Link Assistant to Sinch

Report this comment
#9) On November 11, 2011 at 11:07 AM, selfdestruct2 (41.32) wrote:

I want to thank you for your stock suggestions. My portfolio is kicking butt !

Report this comment
#10) On November 11, 2011 at 2:54 PM, hsolliday (< 20) wrote:


Sinch, Why do you like Alexandria Minerals so much? Thanks , Herb 

Report this comment
#11) On November 11, 2011 at 6:45 PM, silverminer (30.62) wrote:

hsolliday,

Introducing the story:

http://caps.fool.com/Blogs/compelling-pm-microcaps/569492?&mrr=0.20

Live chat / Q&A #1

http://caps.fool.com/Blogs/live-chat-with-alexandria/571634

Live Chat / Q&A #2

http://caps.fool.com/Blogs/caps-exclusive-online-forum/617724?&mrr=0.17

Report this comment
#12) On November 12, 2011 at 1:31 AM, Sturmudgeon (< 20) wrote:

hsolliday: go to Sinch's July 22nd blog, and interview & comments... that should answer your question.

(Sinch: just in case you are away, or too busy)

Report this comment
#13) On November 12, 2011 at 1:33 AM, Sturmudgeon (< 20) wrote:

sorry, kind of duplicated silverminer... did not see his post before I did mine.

Report this comment
#14) On November 12, 2011 at 8:55 AM, skypilot2005 (< 20) wrote:

Tyhee Gold

Sinch,

I was poking around this AM and noticed some heavy insider buying of Thyee Gold since Oct 21. Over 1,000,000 shares  by Interinvest Corporation, alone.   I believe Mr. Black, one of the directors, is still affiliated with Interinvest.  Hmmm.

Below, is some quick research I did this AM on Interinvest.

Your Official Web Link Assistant

Sky Pilot

http://tyhee.com/index.php

http://www.tyhee.com/documents/TDCFactSheetGTSept72011V4.pdf

http://tyhee.com/investors/news_releases.php

http://tyhee.com/corporate/directors.php

Hans Black, Chairman and Chief investment Strategist Interinvest Corporation.  Chairman of Les Ailments Soyunmi Inc., Director Wi2Wi Inc., Amorfix Life Sciences, RPMH Global Macro Fund Ltd.

http://canadianinsider.com/node/7?ticker=tdc

Insider Overview :: Tyhee Gold Corp. (V:TDC)

Nov 1/11 Oct 28/11 Interinvest Corporation Indirect Ownership Common Shares 10 - Acquisition in the public market 235,000 $0.110
USD Nov 1/11 Oct 27/11 Interinvest Corporation Indirect Ownership Common Shares 10 - Acquisition in the public market 160,000 $0.105
USD Oct 27/11 Oct 27/11 Wilson, Hugh Robert Direct Ownership Options 52 - Expiration of options -115,000 $0.420
Nov 1/11 Oct 25/11 Pratico, Valmar Vincent Direct Ownership Options 52 - Expiration of options -115,000 $0.420
Oct 31/11 Oct 25/11 Narsaiya, Ravina Rajan Direct Ownership Options 52 - Expiration of options -115,000 $0.420
Oct 27/11 Oct 25/11 Taschuk, Denis Michael Direct Ownership Options 52 - Expiration of options -230,000 $0.420
Oct 26/11 Oct 25/11 Webb, David Ralph Direct Ownership Options 52 - Expiration of options -330,000 $0.420
Oct 25/11 Oct 25/11 Nickerson, Dave Direct Ownership Options 52 - Expiration of options -133,000   Oct 25/11 Oct 25/11 Anderson, Lorne b Direct Ownership Options 52 - Expiration of options -133,000 $0.420
Oct 21/11 Oct 21/11 Interinvest Corporation Indirect Ownership Common Shares 10 - Acquisition in the public market 700,000 $0.099
USD

Corporate Profile

 http://www.interinvest.com/english/about/about-corporate-profile.html

Interinvest's origins go back to a company founded by the Black family in 1948 in Zurich, Switzerland. Today, Interinvest Corporation is a global asset manager based in the United States with over 30 years of experience.


Interinvest was founded by Dr. Hans P. Black, who has an educational background in science, international law and medicine. He received his doctorate in medicine from McGill University in Montreal. Dr. Black serves as Chairman and Chief Investment Officer of Interinvest Corporation.

 

Interinvest manages private client assets as well as investment funds for endowments, pension plans and several pooled funds.


Interinvest is 100% privately owned.

 

**

http://resourceclips.com/tag/tdc_ca/

October 26th, 2011

Tyhee Nears NWT Gold Production

**

http://www.tyhee.com/documents/TDCFactSheetGTSept72011V4.pdf

Investor Fact Sheet, September 2011

Report this comment
#15) On November 12, 2011 at 9:08 AM, hsolliday (< 20) wrote:


Silverminer, Thank you very much for the links. Herb 

Report this comment
#16) On November 12, 2011 at 9:33 AM, hsolliday (< 20) wrote:


Sturmudgeon, Thank you -  I have started my research given silverminers links. Herb 

Report this comment
#17) On November 12, 2011 at 10:06 AM, skypilot2005 (< 20) wrote:

On November 11, 2011 at 2:54 PM, hsolliday (< 20) wrote:


Sinch, Why do you like Alexandria Minerals so much? Thanks , Herb "

also, see:

http://www.azx.ca/news/news2011.html

http://www.azx.ca/news/2011/news20111108.html

Alexandria Provides Operational Update

Toronto, Ontario, November 8, 2011 - Alexandria Minerals Corporation

Sky Pilot

Official Web Link Assistant to Sinch

 

Report this comment
#18) On November 12, 2011 at 10:37 AM, silverminer (30.62) wrote:

silverminer = TMFSinchiruna

Report this comment
#19) On November 15, 2011 at 6:14 PM, skypilot2005 (< 20) wrote:

http://www.azx.ca/news/2011/news20111115.html

 

11/15/11

 

Alexandria Expands Akasaba Eastern Deep Gold Zone to Below 500 m Vertical Depth

Sky Pilot

Official Web Link Assistant to Sinch

Report this comment
#20) On November 15, 2011 at 10:16 PM, skypilot2005 (< 20) wrote:

http://www.greatpanther.com/i/pdf/GPR-Third-Quarter-Report-September-30-2011.pdf

GREAT PANTHER SILVER LIMITED

UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED

SEPTEMBER 30, 2011 and 2010

Expressed in Canadian Dollars Sinch, My only concern is that they have increased the share count by over 20 Million shares.  11/15/11 Sky Pilot ** 11/14/11 http://www.greatpanther.com/i/pdf/2011-11-14_NR.pdf

GREAT PANTHER SILVER REPORTS REVENUES INCREASE BY 46% TO $16.3 MILLION, EARNINGS FROM MINING OPERATIONS INCREASE BY 78% TO $8.3 MILLION IN THIRD QUARTER OF 2011

Report this comment

Featured Broker Partners


Advertisement