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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Eldorado Gold Corporation is a Canada-based gold and base metals producer with mining, development and exploration operations in Turkiye, Canada, Greece and Romania. The Company’s operations include Lamaque, Olympias, Efemcukuru and Kisladag. The Lamaque is an underground gold mine in Val-d’Or, Quebec. The Olympias operation is a gold-silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece. Efemcukuru is an underground operation located in Izmir Province in western Turkiye. Kisladag is located in Usak Province in western Turkiye. Its Skouries project is a world-class asset located on the Halkidiki Peninsula in northern Greece. The Certej project is a non-core gold asset in Romania. Its other operations include Perama Hill and Stratoni. Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece. Perama Hill is an epithermal gold-silver deposit located in the Thrace region of northern Greece.


TSX:ELD - Post by User

Bullboard Posts
Comment by clydeon Nov 03, 2011 3:46pm
240 Views
Post# 19206919

RE: RE: RE: RE: More news.....

RE: RE: RE: RE: More news.....


Eldorado Gold Corporation lowers FY 2011 Production Guidance


7:55am EDT 

Eldorado Gold Corporation announced that for fiscal 2011, the Company revised its gold production operating guidance to 650,000 ounces at an average cash cost of $400 per ounce. 

Now I understand why the price is a bit lower. However, once the price of gold hits $1900 and higher, the lower production should be negated.  We should have a good quarter and a better outlook moving forward.

Clyde

Bullboard Posts