Bought a few endeavour A warrants. These are due 2/4/14 with a C$2.50 strike price. Paid C$.94.
Endeavor Mining used to be a finance house, with a collection of shares from their financing deals and investments in early juniors. Recently they changed their operating style to include buying big positions in producers.
They bought 43% of Crew Gold, when they were having problems. Majority owner bought them out for $215million cash!
They also hold 90% of the former Etruscan operating mine, Youga gold mine in Burkina Faso. The mine is expected to produce around 30,000 oz of gold/yr. After paying off some debt, Endeavour is holding 180million cash.
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