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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 22, 2008 2:36am
626 Views
Post# 14240144

RE: this is the only share...

RE: this is the only share...Eldorada is just waiting for a favorable ruling, when it moves up. Whether its from a bit lower price, due to panic sell off, or from this price range, makes little difference long term. Of course, those in a panic, who can't handle the volatility, or are on margin here or elsewhere will get washed out. That is the stock market reality. Longer term: baring a non favorable ruling, Eldorado moves up significantly, IMO, and probably gets taken over, or becomes a growing producer. The gold market has real dynamics, driven by decreasing production worldwide, increasing costs, and limited reserves of majors, and seeming inability to increase same. Thus mid tier producers, such as Eldorado, will be targets, or their share prices will go up significantly. Thus, buy on panic drops, as they represent real value.imo Eldorado, with the risk/reward thrown in due to the court issue in Turkey, represents higher risk, but far higher reward potential short term.imo I will buy in if todays panic market drives down price again.Cheers. We all need a little perspective folks. This is the stock market, and it goes up and down, but value ALWAYS asserts long term.
Bullboard Posts