Stock price was at 9.26 at this point last year. Ask yourself what has gotten worse? What has gotten better? In almost every category, this year's company is a way stronger company right now. The market evaluation is way off. Using the inferred silver equivalent deposits from the recent info published, this company has approximately $2,6 BILLION of gold and silver on their lands. They have turned the corner on El Cubo. They are paying for the expansion by selling extra concentrate they can't currently process. This company is churning on all levels and their forward P/E is looking extremely cheap at these levels. Patience will be rewarded here. Long and strong.
Down 6 in a Row!
by kingofthewasteland82 • Dec 24, 2012 10:35 AM
When will it end? Nobody knows! Congrats ladies and gentleman. You own the worst miner in the world. Back to junior status in 2 years. Of course it's down a full percent today. Miners are mixed and green or barely down but the most beaten up one (exk) still can't help itself from going down the... More
Up 6 in a Row!
by dodds_david_fbg • Jan 2, 2013 12:17 PM
When will it end? Nobody knows! Congrats ladies and gentleman. You own the best miner in the world. Back to premium status in 2 years. Of course it's up five percent today.
I typed that title (Up 6 in a Row) as satire to the wasteland post as he always had nothing positive to say about the company at all. The truth is the company is executing and doing their part. Why it's so out of favor on the stock exchange remains a mystery with me (and I am sure countless others). Some point it has to correct though. If the company really has turned the corner on El Cubo, we should start seeing better and better quarters and a more reflective stock price to the company we love.
You forgot the one constant. The #$%$s running the market then are still running it now, so the game of taking the little guys money goes on. So a companies earnings, C.C. doesn't matter all that matters is how the #$%$ MM's can make the most from the little guy investors
Great post. All true. On a relative basis, including the price of silver and gold, this stock should be closer to 10 than to 5. Knowing this is all to our advantage in having the courage of our conviction to hang on and even buy more at these dirt cheap prices. Forget the charts, it's all an orchestrated illusion. This is a VERY strong company with VERY strong leadership. Just as surely as the Central Banks are pumping trillions of dollars into the global market place, gold and silver are going to come back with a vengeance and Endeavor will be a percentage leader - and you can take that to the bank - THIS YEAR.