Brien Lundin, in the February, 2014, edition of the Gold Newsletter, says hold Endeavour Silver Corp., recently $4.91. Mr. Lundin said buy Endeavour nine times between August, 2005, and October, 2013, at prices ranging from $1.62 to $9.43. Assuming a $1,000 investment for each of the nine buys, the $9,000 position is now worth $13,016. The company began the new year by summarizing its 2013 production and providing its production guidance for 2014. In 2013, silver production increased 52 per cent to 6.8 million ounces from the previous year. Gold production increased 95 per cent to 75,578 ounces. In 2014, the company has set guidance for silver-equivalent production of between 10.4 million and 11 million ounces. Mr. Lundin says those silver-equivalent projects are based on silver production ranging between 6.5 million and 6.9 million ounces and gold production ranging between 65,000 and 69,000 ounces. The slight drop in planned production is part of a strategy to spend the year making incremental improvements to existing operations at its Mexican mines. Mr. Lundin says he is moving Endeavour to a hold, but stresses that it remains an anchor holding among his silver producer recommendations.