*Endeavour Mining (EDV.TO) had a good week, or at least its shareholders did. Thanks to a very sharp rise in the gold price, the stock managed to break above long-term resistance at C$10 and traded at its highest level in more than 2.5 years.

We continue to be bullish on the intermediate-term prospects for EDV's stock price, but it is important to keep in mind the risks associated with the region in which EDV operates. The risks of operating in West Africa are summarised in the article linkedHERE.

EDV's advantage over companies such as Asanko Gold (AKG), Golden Star Resources (GSS), Merrex Gold (MXI.V), Roxgold (ROG.V), True Gold Mining (TGM.V) and Teranga Gold (TGZ.TO) is that its operations are spread over four West African countries. This means that a crisis in any one or even any two West African countries is not going to jeopardise EDV's survival. In other words, with EDV the country risk has been lessened by diversification. However, the country risk is still significant and will periodically shift to centre-stage.

14/2/2016



transcript of quarterly on phone questions
seem very competent

http://finance.yahoo.com/news/edited-transcript-edv-earnings-conference-063242082.html


april 2013, at 0.9

http://www.allpennystocks.com/aps_ca/special-reports/343/endeavour-mining-on-target-to-start-producing-at-fourth-gold-mine-in-2014.htm