it is a good news, but due to construction, eqipment and etc., the Q4 earning will less than or compare to Q3. Its just my thought, but I could be wrong. From end of 2013 EDR will start making good money/earning. Awesome and good luck.
"At El Cubo, accelerated mine development and underground drilling commenced in Q3, 2012, new mining equipment was acquired in Q4, 2012 and three more scoop trams are scheduled to arrive within the next six weeks. The plant and surface infrastructure rebuild program also commenced in late Q3, 2012 and is currently on time and budget for scheduled completion in Q2, 2013. Shareholders are invited to visit our newly created El Cubo Capital Projects Update page on the website for monthly updates.
Looking forward to 2014 and 2015, Endeavour recognizes additional opportunities to grow production at all three mines. While these growth opportunities are still at the conceptual stage, once the El Cubo capital programs are completed this year, management will prioritize these opportunities and commence planning for future mine and plant expansions."
CANADA RESEARCH ROUNDUP: CGI Group, Gildan Activewear, Whitecap Resources6:25PM ET on Thursday Jan 31, 2013 by Thomson Reuters
Endeavour Silver Corp: Raymond James cuts target price to C$9.75 from C$10
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Haywood cuts target price by C$2 to C$8.50