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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 Feb 20, 2008 1:23pm
276 Views
Post# 14400600

This is an incredible opportunity

This is an incredible opportunityWe buy stocks because we want to get them cheap and sell them high. Eldorado is looking perfect, the incredible upside given the continuing run in gold, and actually looking to accelerate and catch a whole bunch of folks short gold, is unfolding right now. If gold explodes up through $1000 which I think might happen now, much sooner than later, Eldorado and others are going to surge in price. Anybody short who tries to hold price down, baring bad news, will be giving folks a gift. Why? Because if a mania breaks out in gold and gold stocks, which  has not happened yet, we could see low valuations suddenly move to high valuations. Eldorado is perfectly positioned for this possibility. As well, just delivering mine opening at the current price of gold will gap this up considerably.  Think  of it this way. If all gold stocks were to pull back, and Eldorado opens, it goes up anyway. If all gold stocks move up. Eldorado will follow even if dragged screaming to higher prices. The market will overwhelm any shorts. This is a reaaaaaaaaal good bet in my opinion. The perfect horror story for shorts in the gold market is developing.imo they are probably paralyzed already just from todays action in oil and gold. Somebody is getting hurt big time on these price moves, as if you have listened of late, some have stated they are short gold and gold stocks at much lower prices. The heat is getting turned up right now. imo Buy now, as opportunities like this are not available too often.imo
Bullboard Posts

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