Your Questions, Our Answers

A: We don’t know why Endeavour’s share price fell so sharply on March 2. It does not appear to have been a large institutional seller nor a large short seller. One shareholder suggested it could have been short-term algorithmic traders all going negative on silver at the same time but we cannot confirm that. On the day in question, we released our 2016 financial results when the precious metal prices were falling, so the market appears to have focused on our higher Q4 costs rather than our strong annual results. We have a lot of positive news coming this year and if we do a good job on our operating mines and development projects, we are confident the market will rebound.