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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Metals & Mining Gold
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

Eldorado Gold Corp
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Comment by clydeon Dec 19, 2011 7:23am
563 Views
Post# 19333896

RE: RE: Eldorado to Acquire European Goldfields

RE: RE: Eldorado to Acquire European Goldfields
IMO, due to the dilution and the price of gold in a short term correction, the share price will decrease. However, long term revenue has been solidified with the purchase and since I am one of those believers in a $2,000+ gold price, the shares will bounce back when the price of bullion goes back up. Has anyone thought that by this purchase, ELD becomes even more attractive to the majors? The management did what they felt was needed to increase their gold production.

Good Luck.

Clyde
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities