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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 contrainvestoron Jun 23, 2008 8:36am
407 Views
Post# 15215857

RE: SP

RE: SPI tend to agree with Barry from the standpoint that it is not a coincidence that the share price started to move down once it became apparent that the FRP deal would go through.  Before last week, there was quite a great deal of doubt that the deal would happen.  Once FRP confirmed that they were now behind the deal, those players who typically arbitrage these types of deals went to work.  I was a bit surprised by the extent of the sell-off given that from a relative standpoint, the amount of dilution to ELD is minimal, but nonetheless that does not negate the fact that there are ways to make money at these types of trades if you know what you are doing.  JMHO.  Cheers.
Bullboard Posts