Brien Lundin, in the May, 2015, edition of the Gold Newsletter, says hold Endeavour Mining Corp., recently 62 cents. Mr. Lundin said buy Endeavour in December, 2002, at $1.68, and in May, 2003, at $1.80. He said take some profits -- perhaps sell half -- in May, 2006, at $7.93. Assuming a $1,000 investment for each buy, selling half of the $2,000 position at $7.93 yielded a profit of $3,420. Mr. Lundin said buy nine more times between February, 2009, and June, 2014, at prices ranging from 54 cents to $2.76. Assuming a $1,000 investment for each of the nine buys and taking into consideration the $1,000 investment left after the half sale in 2006, the $10,000 position is now worth $4,470. In the first quarter of 2015, Endeavour's West African mines produced 124,000 ounces of gold. All-in sustaining costs from the Agbaou mine in the Ivory Coast averaged below $600 an ounce. Mr. Lundin says the Agbaou mine helps the company keep its global all-in sustaining costs from its four operating mines between $930 and $980 an ounce. The newsletter editor concludes the stock will eventually perform well for shareholders, but he will keep the stock at a hold until he sees a clearer signal that the gold market is improving.