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EXK - Endeavour Silver: Updated Terronera PFS Is Good But Some Questions Arise
Endeavour Silver Corporation
Endeavour Silver (EXK) finally released the results of the updated PFS for its Terronera project. Terronera is highly important for the future of the company, as it should become its new flagship asset, with robust production volumes and low production costs. This is why the markets were disappointed by the Q1 earnings release, that included the following statement:
The Company also announces that it has received an economic summary of the updated pre-feasibility study ("PFS") for the Terronera silver-gold mine project in Jalisco, Mexico. Significant changes were made to the operations plan,