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11/25/15

Endeavour Silver (EDR.to) (EXK): Sweet mother of holy children, what a pathetic excuse for a mining company

Tonight's NR "Endeavour Silver Announces At-the-Market Offering of Up to US$16.5 Million" out of Bad Crook's Mexican mining company saw your humble scribe burst out laughing. Not out of surprise mind you, just the whole chutzpah thing this most cringe-worthy of mining companies has going for it.

There's going to be a piece on this company and this news in Sunday's edition of The IKN Weekly (IKN342), another in our series of salutary tales about just why you, dear and kind retail mining company investor, really really REALLY need to pay attention to balance sheets.

PS: Bad Crook is paid $40,000 per month. Cash.