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EXK - Endeavour Silver Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Onepoint272, Jul 16, 2017.

  1. Onepoint272

    Onepoint272 Well-Known Member

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    Endeavour Silver Corp., a mid-tier precious metals mining company, engages in evaluation, acquisition, exploration, development, extraction, processing, refining, and reclamation of silver mining properties in Mexico and Chile. The company also explores for gold deposits. It holds interest in the Guanacevi mine in the Durango state; and the Bolanitos and El Cubo mines in the Guanajuato state of Mexico. The company also owns interests in various exploration and development projects, including the Terronera property in Jalisco state; the El Compas property in Zacatecas State; and the Parral property located in Chihuahua State, Mexico. In addition, Endeavour Silver Corp. has interests in the Guadalupe y Calvo property situated in Chihuahua State; and the Lourdes located in the state of Guanajuato, Mexico. The company was formerly known as Endeavour Gold Corp. and changed its name to Endeavour Silver Corp. in September 2004. Endeavour Silver Corp. was founded in 1981 and is headquartered in Vancouver, Canada.

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  2. Onepoint272

    Onepoint272 Well-Known Member

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    Picked up some EXK last week at $2.97/share in hopes the bounce in silver has some legs.
     
  3. T0rm3nted

    T0rm3nted Moderator
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    I like that entry price, got some pretty strong support here dating back to March. Hope it works out for you, and I might play it with you!
     
  4. Onepoint272

    Onepoint272 Well-Known Member

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    Sold this morning at $3.04 for a 7-cent gain/share. Thinking to reload just under $3; say $2.95. There's a decent axis line on the 4-hour chart at $2.94. But also keeping an eye on the silver & gold markets.
     
  5. Onepoint272

    Onepoint272 Well-Known Member

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    Waiting for lower prices in EXK after a turn and finding of support in the silver market.

    Daily Continuous Silver:
    upload_2017-7-27_23-17-58.png

    EXK Daily:
    upload_2017-7-27_23-23-31.png
     
  6. T0rm3nted

    T0rm3nted Moderator
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  7. Onepoint272

    Onepoint272 Well-Known Member

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    I was going to say wait for about $2 but it is down more than 14% at 2.48 with not much supply coming into the market; commensurate to the drop that is. Going to wait for stopping action I guess and play it in accordance to the silver market.
     

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