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Endeavour Silver Corp: Up 22 cents yesterday

Print This Post Print This Post | Topic: Silver Mining Companies — July 20th, 2007
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Endeavour Silver pour

Having given a second buy signal on the 29th June 2007 when this stock was at $4.53 it has since gained 20.3% in 3 weeks, we hope that you made a small investment in time to catch this rally.

On AMEX yesterday Endeavour Silver Corporation gained 4.21% on an increased volume of 231,700 shares to close at $5.45. There was no new news from the company to push the price higher but both silver and gold continued to head north bringing investors back into precious metal stocks.

For newcomers to this web site our first buy was made on the 5th March 2007 during what we called the China wobble which had a knock on effect on global markets. This pull back we regarded as an opportunity to be used to accumulate stocks such as this one.

In our humble opinion this is a quality silver stock and will play a considerable part in our portfolio of silver mining stocks going forward.

Endeavour Silver Corp trades as EXK on AMEX and EDR on the Toronto Stock Exchange


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