Endeavour Silver Corp. (CAN) (NYSE:EXK)

CAPS Rating: 3 out of 5

The Company is an emerging mid-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico.

Recs

24
Player Avatar XMFSinchiruna (26.98) Submitted: 4/17/2008 5:44:10 PM : Outperform Start Price: $5.20 EXK Score: -85.59

Wow... all you Fools out there have the potential to make a killing. :) I bought this one in real life well into the $4s, and today it trades below $3.50 as a result of the market's ridiculous treatment of the junior sector. It was a solid buy at $4.50, and was undervalued then. At $3.50, I literally can't believe my eyes. The junior producers, at this stage in the commodities bull, are like a high-power spring that has been clamped down with the weight of the world. When this spring is released, as with many of its peers, gains are going to be impressive. Mark my words, EXK is a winner. I can't say exactly how long this spring can remain contained... I only know that eventually it will burst out.

Highlights 2007

Increased annual sales by 106% to $32.3 million.
Increased silver production by 58% to 2.1 million oz.
Increased proven and probable reserves by 50% to 14.9 million oz.
Increased silver equivalent reserves and resources by 11% to 50.0 million oz.
Acquired remaining 49% of Guanacevi Mines project in Durango for $6.8 million in shares.
Acquired 100% of Guanajuato Mines project in Guanajuato for $7.7 million in cash, shares and warrants.
Discovered new polymetallic mineralized zone in Cometa vein at Parral project in Chihuahua
Common shares listed for trading on American Stock Exchange (symbol EXK)

Report this Post 5 Replies
Member Avatar Cherryz (32.35) Submitted: 6/2/2008 1:15:33 PM
Recs: 0

you buy more at 3 yet? im gonna buy some probably.

Member Avatar MGDG (34.72) Submitted: 6/27/2008 9:57:22 PM
Recs: 0

I'm in at $3 today. I like the growth potential for Silver demand going forward from here.MGDG

Member Avatar LuckyDucky8676 (98.05) Submitted: 7/14/2008 10:55:33 AM
Recs: 0

I wish I did at $3. I didn't have any extra money around to buy it though. I still have a few shares at $3.4 though, just waiting, and waiting . . .

Member Avatar mardukkorn (71.31) Submitted: 7/25/2008 6:17:43 AM
Recs: 0

Any estimate of when will it make real profits and pay a dividend ?

Member Avatar SN3165 (< 20) Submitted: 10/12/2010 12:13:01 PM
Recs: 0

Sinch, thanks for the heads up on great panther and exk - two of my largest holdings - can't wait to see whats in store for these two .

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