If so….
….then things are looking good in Ilomantsi.
Or what to make of this?
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Here are Aapeli’s comments on how a good third of these convertible bond loans were converted into shares. 
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Here are Aapeli’s comments on Endomines’ announced additional results from the Ukko deposit.
The results published by the company focused on the previously unexplored southernmost zone of the Ukko deposit. The results covered only two drill holes, the concentrations of which were, in our view, low. However, due to the small sample size, drawing larger conclusions, for example, about the potential of the entire Ukkolanvaara area, is premature. At this stage, we will await the results of subsequent drilling campaigns, and the published results do not have an immediate impact on our positive view of the stock.
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Kari Vyhtinen was interviewed by Aapeli.
Topics:
00:00 Introduction
00:20 Sale of three gold deposits
01:14 Purchase price
01:54 Buyer
03:43 Risks related to the completion of the transaction
04:19 Payment arrangement
06:14 What will the money be used for?
06:57 Balance sheet value of US projects
07:57 Write-down risk for remaining Idaho properties
09:33 Interest in Idaho properties
11:15 What will be done with the remaining properties?
12:12 Planned measures in Montana
15:34 Development of the past quarter
16:51 Effects of Power Mining acquisition
19:18 Exploration results
22:53 Next drilling results
24:16 Reserve updates
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Vyrhinen’s smile was sometimes as wide as a Hangon keksi - that probably bodes well?
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Here are Aapeli’s comments on how Endomines is selling its three US projects.
Endomines announced on Wednesday that it is selling three of its gold deposits located in Idaho, USA, for a debt-free total price of 20 million Australian dollars. The payment of the purchase price consists of five installments spread over several years and includes options between cash and shares of the acquiring company. Overall, we believe the arrangement clarifies Endomines’ structure and is in line with the company’s strategy of focusing on its Finnish operations.
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Vyyhtisen Kai was presenting about his company at the Investor Days.
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This time, Endomines’ Communications Director Anni Turpeinen was there to talk about the company
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Here are Ate’s comments on Endomines’ new drilling results from the northern part of the Ukko deposit on the Karelian Gold Line.
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Good drill holes and more gold in sight; of course, it will take years to mine those candies. This is a good point to continue from! In Juice’s words: “Ilomantsi, Ilomantsi, joy joy joy joy!”
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