Investor Presentation: Feb 9, 2009

http://www.endeavourfinancial.com/i/...

Lundin says buy Endeavour Financial

2009-02-26 18:48 EST - In the News

Brien Lundin, in the February, 2009, edition of the Gold Newsletter, says buy Endeavour Financial Corp., recently $1.57.

Mr. Lundin said buy Endeavour in December, 2002, at $1.68, and in May, 2003, at $1.80. He said take some profits (sell half, perhaps) in May, 2006, at $7.93.

Assuming a $1,000 investment for each of the two buys, selling half would have yielded a profit of $3,440. The remaining investment ($1,000 cost) would now be worth $880.

The newsletter editor believes the downward momentum of Endeavour has ended and investors will benefit from its "high-powered management team." Not many companies can boast the backing and counsel of Frank Giustra, who provides the company with access to deals that other companies cannot get at.

In times like these, Mr. Lundin says "when distressed assets and companies are selling at a fraction of their inherent value, companies like Endeavour stand ready to pounce on some of the better deals that this choppy market has to offer."

The stock market guru claims buying Endeavour now could prove to be more lucrative than when he began recommending the company seven years ago.

Hg