2Wk·

I also struck in the commodities sector!

With $EDR (-6.61%) I opted for a very promising mining stock that was about to be revalued after major problems in recent years. They only had 2 old mines left, which were no longer yielding so much and where production was very expensive. In the meantime, 2 new mines with great potential have gone into production, so profits should multiply. However, it is not a short-term trade, but in my view an opportunity to profit leveraged from the development of the silver price, without the risk of a knockout and even if the silver price moves sideways for the time being.

18.12
Endeavour Silver logo
Bought at €7.95
9
14 Comments

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Do you now see a good entry point at $MP? And what do you think of $DR0
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@Tenbagger2024 Oh nice dividend share $DR0
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@Tenbagger2024 If it holds at around €44, it should bottom out. Then you can take a chance.
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I don't think much of $DR0. They are very dependent on oil and gas. And I see more promising players in the other areas of lithium and tungsten.
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@Multibagger
I also like MP Fundamental
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I had already read something about it a few weeks ago, they probably had the start of the Terronera mine in Mexico this year.
The start of production was October 1, 2025, which is probably when Endeavour Silver started commercial production.
As far as the growth engine is concerned, this mine is apparently a milestone, as it raises the company from a small to a medium-sized silver producer. I'm already thinking about going in with a first tranche.
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Are they somehow connected $EDV
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@Tenbagger2024 No, these are two completely different companies. $EDV primarily produces gold in West Africa and $EDR silver in Mexico
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@Multibagger would you currently still buy silver without hesitation, e.g. via $PHAG if you had a different investment strategy and wanted to add a satellite to your world core? your target price of ~ 100$ would still have ~ 30% air with which you could push your world core.
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@Tigawutz A clear yes, if you have time and don't mind if there are small setbacks shortly after the purchase.
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@Multibagger Thank you and Merry Christmas 🎄
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@Tigawutz thank you, I wish you the same
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@Multibagger Factor OS (3-5) or just $PHAG? I'm in two minds about it 🫣
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@Tigawutz I would see if there is a small correction at the beginning of the year and then go in with a factor. I would get in now, without a factor.
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