The Investment Doctor
Long/short equity, value, debt, base metals

Endeavour Mining - Building A Very Nice Production Profile

Introduction

In this article I'll have a closer look at Endeavour Mining (OTCQX:EDVMF), one of my preferred gold mining companies which has aggressively applied a growth strategy and plans to produce in excess of 450,000 ounces of gold next year which would be a fivefold increase from a production of 'just' 82,000 ounces in 2010.

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As Endeavour's mines are all in Africa, the company has a higher risk profile than other producers in safer regions. But I do believe the potential rewards outweigh the risks at Endeavour Mining. In this article I'll have a look at its three producing mines and its Agbaou mine which is under construction and should be ready for production in...

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