Company Updates From Management – Wed 13 May, 2020

Endeavour Silver – Discussing an operational turnaround, organic growth and exploration potential

Bradford Cooke, Founder and CEO of Endeavour Silver Corp (TSX:EDR – NYSE:EXK) joins me to provide a broad overview of the Company’s growth objectives this year.

We begin with the 3 operating mines. 2019 was the worst year, operationally for the Company but Brad addresses how the Company is working to turn this around. We then discuss the organic growth opportunities in the more advanced projects held by the Company in Mexico. Finally a look at the exploration that is planned for this year, which also includes a couple properties in Chile.

If you have any follow up questions for Brad please email me at Fleck@kereport.com.

Click here to visit the Endeavour Silver website.


Comments:
  1. On May 13, 2020 at 9:28 am,
    Excelsior says:

    Cory & Brad – Thanks for the update on Endeavour Silver.

    Looking forward to their team having great success in their operational turnaround.

    I have a position in EXK but haven’t really checked in on them in a while but you made me look. 🙂

    (EXK) (EDR) Endeavour Silver – Corporate Presentation April 2020

    https://s22.q4cdn.com/579360173/files/doc_presentations/2020/04/April-21-2020-website.pdf

    • On May 13, 2020 at 12:47 pm,
      Marty says:

      I’ve got a $1.17 US stink bid on EXK

      • On May 13, 2020 at 7:54 pm,
        Excelsior says:

        Marty you savvy bottom fisher you! Ha!

        (EXK) got down to a buck in early 2016 and just double-bottomed down near a buck on that March sell down 2 months back. Maybe it will dip down to 1.17 and I’ll join you in adding a bit more. If it doesn’t and goes up nicely from here, that won’t hurt my feelings either.

  2. On May 13, 2020 at 9:30 am,
    Excelsior says:

    The Big Move In Silver May Be Right Now

    by @TheTechnicalTraders – Chris Vermeulen – 12 May 2020

    https://ceo.ca/@thetechnicaltraders/the-big-move-in-silver-may-be-right-now

  3. On May 13, 2020 at 9:34 am,
    Excelsior says:

    Negative US Interest Rates – Listen To The Market

    Chris Weston – Head of Research – 13 May 2020

    “Gold, Bitcoin and EM FX would also be a beneficiary of negative rates.”

    https://pepperstone.com/en-au/market-analysis/negative-us-interest-rates-listen-market/

  4. On May 13, 2020 at 9:37 am,
    Excelsior says:

    Druckenmiller Sees Deflation, Time To Sell Gold? Definitely Not!

    by @Goldfinger on 13 May 2020

    https://ceo.ca/@goldfinger/druckenmiller-sees-deflation-time-to-sell-gold-definitely-not

    • On May 13, 2020 at 9:39 am,
      Excelsior says:

      BANG: Making FANG Look Tame

      Jesse Felder – May 6, 2020

      “It was almost exactly 2 years ago that I wrote, “BANG: Why The Gold Miners Could Soon Make FANG Look Tame.” At the time, I argued that the major gold mining stocks (Barrick, Agnico Eagle, Newmont and Goldcorp) were undervalued and poised for a strong rally, especially compared to the FANGs (Facebook, Amazon, Netflix and Google) which appeared overvalued. Since then, BANG has risen over 72%, nearly triple the gain of the FANG stocks.”

      https://thefelderreport.com/2020/05/06/bang-making-fang-look-tame/

  5. On May 13, 2020 at 12:16 pm,
    Buzz says:

    Don’t see a lot of downside on EXK from here, unless the general mkt crashes again. Ex, how would you play BALMF right here? Accumulate on pull backs?

    • On May 13, 2020 at 7:59 pm,
      Excelsior says:

      Hi Buzz. I agree that most of the downside has already been priced in at this point with Endeavour Silver, and I have a nice position in place and am ready for the turnaround, perception change from investors as Brad & team execute, and the coming re-rating.

      As for Balmoral, I sold my position when the news was announced that Wallbridge was taking them over and it spike up so high. The merger is now approved and so if you see a nice arbitrage trade, sure, but at this point I’m more likely to buy into Wallbridge directly on any pullbacks.

      • On May 14, 2020 at 9:01 am,
        Buzz says:

        Great, thanks!

  6. On May 14, 2020 at 8:58 am,
    Excelsior says:

    Nice to see Silver with a $16 handle again.

    https://www.investing.com/commodities/real-time-futures