Endeavour Silver Q2 results

Endeavour Silver is a junior Silver miner headquartered in Canada. They have producing mines in Mexico, the Guanacevi Mine and Guanajuato Mine. They just released their Q2 earning report and set a record with a total of 826,439 oz of Silver and 4,461 oz of Gold.

A clip from their press release:
Godfrey Walton, President and COO, stated, "Endeavour delivered yet another record for quarterly silver production in Q2, 2010, maintaining our track record for exceptional organic growth. We are now well ahead of our 3.1 million oz silver production forecast for 2010, notwithstanding the fact that our 2010 capital expansion programs have not yet been completed." 

"Once this year's capital programs (including a plant upgrade and expansion of the crushing, filtration and Merrill Crowe circuits at Guanacevi) are completed this quarter, Guanacevi production should rise to 1,000 tpd as the new Porvenir Cuatro and Santa Cruz mines come into production. In a similar manner, once the new Lucero South access ramp and ventilation shaft are completed this quarter, Guanajuato production should also enjoy incremental improvements in tonnages, grades and recoveries." 

With 5 years of consecutive growth and resource expansion, Endeavor may be achieving it's goal to become the next premier mid-tier silver mining company. Their Stock is currently in the low $3 range and I would expect it to appreciate with the price of silver going forward.