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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 esselte25on Jul 31, 2009 9:18am
244 Views
Post# 16181227

RE: Good Q over all ... BUT

RE: Good Q over all ... BUTBarry, I'm affraid you are wrong:

Paul N. Wright,President and Chief Executive Officer of Eldorado. "We are pleased withthe performance of our mines, our total production increased by closeto 38% over production in the first quarter of 2009. We're also proudto have robust margins and remain one of the lowest cost pure goldproducers in the industry. These results keep us on track with ourforecasted 2009 total production of approximately 330,000 ounces at acash operating cost of $300 per ounce. Other highlights of the quarteralso underline our strong position: our cash balances have more thandoubled since year-end, and with our recent investment in Sino Gold wewill continue to focus on our strategy of regional growth."
Bullboard Posts