I like reading his articles because he is as informed as they come, having visited the Endeavour mines and knowing what he is talking about. A nugget ( pun intended) I was unaware of and I am sure many others are unaware of, or this stock would be moving up, is this quote in his recent article.....
"I believe it is crucial for investors to understand that silver and gold ounces equating to 20% of that entire projected production volume for 2012 was, as of Sept. 30, held in inventory! That precious inventory consisted -- in roughly equal parts -- of either sales-ready bullion held back deliberately in anticipation of higher silver prices to come, and of concentrate that is already in process on its way to becoming silver-gold doré. That combined inventory -- it's worth noting -- has the capacity to generate some $40 million in sales at current prices."
Read the whole article by searching "Chris Barker and How Endeavour Silver will surpass $20 per share"
I have mentioned several times before that I believe Chris Barker is the best in the business. He can be followed on Twitter. In reference to my post 'buyout' - EXK gets 9/10 on a standard M&A checklist. It gets 22/24 on an extended study. Will someone buy EXK, I don't know, but it makes sense, since along with my other favorite PZG, as they both have mines in the middle of large mining zones. EXK will do well even if there is NO buyout. Brad wants to sell, it appears.
A great year for buyouts was in 1981, after the Hunt brothers messed up and the prices came back down. Many junior miners were bought out for doubles and more.