OTCQX:BGMZF - Post by User
Post by
Yunggunon Mar 03, 2015 10:50am
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Post# 23483940
Cancle that mine in Greece, come to canada!
Cancle that mine in Greece, come to canada!Eldorador gold to "reconsider" investing more into Greece. Paul Wright's Eldorado Gold Corp. (ELD) dropped 49 cents to $6.72 on 8.88 million shares. Greece's unpredictable new energy minister has revoked Eldorado's permit to build a processing plant at its Skouries gold mine in northern Greece. Eldorado is not pleased. President Wright has spent the past few weeks assuring investors that the new Greek government would support the mine. The company has invested $450-million on development in Greece so far, on top of the $2.5-billion it paid to acquire Skouries by taking over its previous owner, European Goldfields Ltd., in 2011. Eldorado had been budgeting $310-million on Skouries development this year, but now it says it might have to reconsider.
Source: https://www.stockwatch.com/News/Item.aspx?bid=Z-C:*MKTGOLD-2256080&symbol=*MKTGOLD®ion=C