You're browsing: Home » Endeavour Silver: BUY



Endeavour Silver: BUY

Print This Post Print This Post | Topic: Silver Mining Companies — December 7th, 2007

Endeavour Silver Corporation has taken quite a battering in the recent sell off and correction that has hit silver stocks.

EXK 021207

EXK is down from over $5.50 and as it has been beaten down so much we are signalling a BUY again on this stock and recently we bought for an average price of $4.10 per share and doubled our position.

We are comfortable buying Endeavour at these levels as this silver stock is trading well below its 200 day moving average but also finding support on the 50dma. Regular readers may recall that we described EXK as “a steal” in August when the stock was trading as low as $3.25

In the short term, we should see a decent rebound in EXK’s stock price but in the longer term this stock is set to move a lot higher as silver prices move north and they expand their silver projects in Mexico.

EXK Coins

We recently met with the Endeavour Silver Management Team at The Silver Investment Summit in London and were extremely impressed with their knowledge and enthusiasm for what they do. Both Hugh Clarke and Bradford Cooke exude great confidence for their product. Yes you expect this of a team doing a road show however even at the end of a hard day they were able to find the patience to explain their story to the late comers to this gathering of silver bugs. We are confident that this company has the right people to ensure that stockholders in EXK fully benefit from rising silver prices.

Sam Kirtley and Endeavour Silver Chairman and CEO Bradford J. Cooke at The Silver Investment Summit at The Paddington Hilton, London.
EXK CEO
You can get emailed updates on our trading signals by subscribing to The Silver Prices Newsletter, just click here and enter your email address.


Silver Prices Newsletter:


Related Articles
Endeavour Silver Corporation: BUY
Endeavour Silver Corp: Finding that entry point!
Endeavour Silver Corporation: Up 30.58% in 6 weeks!
Endeavour Silver Corp: Up 22 cents yesterday
Endeavour Silver Corporation Sues Canaccord

  


1 Comment »

  1. I have had Endeavor Silver on my “watch list” for quite some time. Then I heard Paul van Eeden of Cranberry Capital liked the company too.

    I recently picked some up at $3.25/share and am very pleased - for the short and long term. I, too am confident that rising silver prices and expansion of their Mexico properties will reward all shareholdwers.

    Comment by Mark Farrell — December 7, 2007 @ 6:49 pm

Leave a comment


Whats New
David Morgan on Trading Silver Spikes
Fantastic Buying Opportunity, BUY Silver!
Gold and Silver Investment Summit: London 2008
Golden Buying Opportunity, With a Silver Lining!
SLW: BUY!
Silver – Euphoria
Endeavour Silver Corporation: Supply and Demand!

  

Search Silver-Prices.net
 
International Speculator
Silver Price Banner: [Most Recent Quotes from www.kitco.com]
 Silver Updates by Mail
 
 
 Sponsored Information

 
 Latest News On:
 Our RSS Feed
 
 Price of Silver
 
 Categories
 
 New Comments
 
 

About Us | Disclaimer
© 2008 silver-prices.net