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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Eldorado Gold Corporation is a gold and base metals mining, development, and exploration company. It has mining operations, ongoing development projects and exploration in Turkiye, Canada, and Greece. It operates four mines: Kisladag and Efemcukuru located in western Turkiye, the Lamaque Complex in Quebec, Canada, and Olympias, located in northern Greece. Kisladag, Efemcukuru and Lamaque are gold mines, while Olympias is a polymetallic operation producing three concentrates bearing gold, lead-silver and zinc. The Lamaque Complex is located in Val-d’Or, Quebec. It includes the Triangle Mine (Upper and Lower), the Ormaque Deposit, the Parallel Deposit, the Plug #4 Deposit, and the Sigma Mill. Efemcukuru is an underground operation located in Izmir Province in western Turkiye. Its other development project in its portfolio includes Perama Hill, a gold-silver project in Greece. Its Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece.


TSX:ELD - Post by User

Bullboard Posts
Comment by Olderwisernowon Mar 05, 2008 2:28pm
281 Views
Post# 14601438

RE: gold is up by 24$

RE: gold is up by 24$I tried to warn about the 20+ days, to those who are not ready for the volatility. Expect more.imo  What is more important, than whether it fluctuates over a few days or even weeks, is where does it get to in this process. I say clearly 10+. IF a person is smart enough to call these short term moves, great, but I am not historically that good at that. I have however, a very good record at calling medium and long term moves, for whatever that is worth, probably nothing. In this case, it all looks good. We have very nervous traders, completely freaked out investors, many of whom actually do not even know which direction to turn, they have so many mixed signals being fed to them. I say take note: this IS NOT that complicated: the US is in BIG TROUBLE. Forget all the BS. They are trying to bail out, by stimulating the economy, and this will lead to inflation. When the inflation seems to be getting out of hand, they will HAVE to, guess what??? RAISE INTEREST RATES. At that point, move out of gold into cash. imo BUT that is some way off, and for now its full print, pump, prime, hand outs, takeover obligations etc etc, WHATEVER it takes. It is even more certain because the Republicans KNOW, that if they want to win in a year, they need to at least appear to have steered the ship into calm waters. Ask yourselves: what would you do? So expect US dollar to sink more, regardless of the nonsense talk on tout TV about a strong dollar blah blah blah, and buy these situations when they drop back, or just sit and wait on them. The stupid move, imo, comes from those who think it out, and have it right, BUT talk themselves out on volatility. That is why I say, learn to expect it and laugh it off and even learn to enjoy it.  Know why you hold, where you think it is going and say to yourself: has ANYTHING fundamental changed? I say 10+ here, and others like High River, same big moves coming. Kinross will continue to trend up, but it moved a good ways over last year, so I am looking for higher percentage moves here.  If I can wait for a few weeks or even months at my age, then you young folks should be able to do that as well. Time is on your side.
Bullboard Posts

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