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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 Jan 16, 2008 1:00pm
536 Views
Post# 14212427

RE: free falling

RE: free fallingWhat do you folks expect???? This situation, is like a biotech in phase three trials, as the uncertainty surrounding the primary asset remains the prime issue. Make no mistake, there is a higher risk, therefore the beta is higher, and it will fluctuate more than most until it is cleared up. Obviously it will spike up with a favorable ruling and move down without one. So does anyone expect it not to be very volatile. Hey, that is the play here, at this time. I have some, but more of others, as I have been in many of these sorts of situations, and learned to manage the risk. I like the odds, but am not deluded, nor will be surprised really, at whatever the decision. As well, gold is volatile, and it will continue to be, but this is worth 9+ IMO with gold at 800, with a favorable ruling.
Bullboard Posts