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« Silver Takes a Hit | Main | Pan American Silver Corporation heading into the Buy Zone »
Monday
Feb012010

Endeavour Silver Corporation Takes Off

EXK Chart 02 Feb 2010.JPG


Just a quick note to let you know that Endeavour Silver Corporation (EXK) is putting in a Sterling (excuse the pun) performance during this trading session and is up 11.43% as we write as silver gains $0.46, giving us a cheerful start to the week.

Endeavour recently issued a news release covering last years performance and outlining the plans for the coming year which looks to have been well received by the investment community.

Yesterday we stuck our necks on the block when we wrote that we did not expect to see the dollar to trade much higher than '80' while it was sitting at '79.50' and this morning we are pleased to see that it has lost a little of its steam and is trading around the '79.202' level. The metals have responded well today and investors have pushed stock prices higher no doubt putting a lot of pressure on the shorters.

If you missed the video with Vice President Hugh Clarke's commentary on the 2009 and 2010 exploration programs click here. Well worth watching.

Endeavour can be found on a screen near you as it trades on the following Stock Exchanges:
EXK: NYSE-Amex,
EDR: TSX,
EJD: DB-Frankfurt,
EDR.WT: TSX)

Accumulate as and when you can.

Got a comment then please add it to this article, all opinions are welcome and appreciated.

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Reader Comments (2)

So what is your target price for Endeavor?

February 2, 2010 | Unregistered Commentersilver bug

silver bug,

We are looking for silver to go to $20.00 and when it does we expect Endeavour to trade at $7.00 ish.

February 2, 2010 | Unregistered CommenterSilver Prices

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