Enduro Metals (ENDR) - Golden Child Chasing Gold & Copper

Matthew Gordon,
Ptolemy Capital

6 Months ago

Focused on New Mont lake project in the Golden Triangle. Seeing 4 distinct systems. This young and ambitious CEO who took over Enduro metals after seeing that the previous management team was not delivering for investors. Rob McEwan and others have backed Evans to deliver a large district-wide project. Historical grades c.5g/t suggest a focus at their McLymont project is where they want to spend most of their money. It's a small c.$50M company chasing gold Copper. What does the structure look like? It has a long way to run but the plan sound intelligent, the assets are good, there are some outstanding warrants due in Feb 2021 so could be an interesting time now to look at the fundamentals and see if it is for you. Smart CEO and one to watch.

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