That’s right! Its competition time and Endeavour Silver Corporation (NYSE:EXK) have very kindly donated the prize of 20 ozs of 99.9% pure silver coins, so get your thinking hats on.
All you have to do is calculate, estimate or guess the last traded price on Friday, 25th March 2011, of the Endeavour Silver Call Options, with a strike price of $10.00 of the May 2011 series.
To gain an understanding of this silver producer you are advised to visit their web site by clicking this link: Endeavour Silver Corporation.
Endeavour Silver Corporation is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted six consecutive years of aggressive silver production and resource growth. The organic expansion programs now underway at Endeavour's two operating silver mines in Mexico combined with its strategic acquisition program should help Endeavour achieve its goal to become the next premier mid-tier primary silver producer.
For an interesting read to bring you up to speed its worth spending a few minutes reading about the history of silver, its industrial and health applications and its longevity as a currency going back to 2500 BC, please click this link:
Facts and History.
For disclosure purposes we do own this stock.
The rules are as follows:
1. All entries must be entered in the comments box under the post on www.silver-prices.net, please click here: ENDEAVOUR SILVER
2. Entries will not be accepted after the closing date of Sunday 20th March
3. If there are identical entries then the entry which we received first will take precedence.
4. There is only one prize and that is for the winner
5. As judges our decision is final
6. Do not email your entry to us as it will be disregarded.
7. Only one entry per person please.
This is a link to the Options page that might also help you: Endeavour
As a guide the chart below shows a recent closing price for the May Call Options recently.
Our hearty thanks go to Hugh Clarke, Vice-President Corporate Communications of the Endeavour Silver Corporation for his generosity in donating such a valuable prize.
Endeavour Silver Corporation is traded in Canada, USA and Europe on the following three stock exchanges:
So they have plenty of exposure to the investment market.
Many thanks to those of you who have recently signed up for our options trading service, its very much appreciated. We are also finalizing our new pricing structure which we will publish shortly, however, if you are already a subscriber then we will do our best to hold your subscriptions as is, the new prices will only apply to the new members.
Our model portfolio is up 138.05% since inception, Average return of 41.27% per trade, 67 closed trades, 65 closed at a profit or a 97% success rate. Average trade open for 43.21 days.
The above progress chart is being updated constantly. However, to see exactly how it is going, please click this link.
So, the question is: Are you going to make the decision to join us today, before we decide to cap membership.
Stay on your toes and have a good one.
Got a comment then please add it to this article, all opinions are welcome and very much appreciated by both our readership and the team here.
To stay updated on our market commentary, which gold stocks we are buying and why, please subscribe to The Gold Prices Newsletter, completely FREE of charge. Simply click here and enter your email address. (Winners of the GoldDrivers Stock Picking Competition 2007)
For those readers who are also interested in the silver bull market that is currently unfolding, you may want to subscribe to our Free Silver Prices Newsletter.
For those readers who are also interested in the nuclear power sector you may want to subscribe to our Free Uranium Stocks Newsletter, just click here.