Eldorado Gold Corp T.ELD

Alternate Symbol(s): EGO

Metals & Mining Gold

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.

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Eldorado Gold Corp

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Comment by ghost11on Feb 28, 2015 8:05pm

100 Views

Post# 23476516

RE:Greek Government RECALLING plant permit

Thanks for the news. Not what I hoped for though.
ELD may drop to mid six dollars again bu expext gold to rise Monday so the drop may be muted and short lived. think the market already priced in such event although last couple of days there appeared hope that the Greek government will approve that is why we saw strong close on Friday on high volume.
It is not clear to me if cancelling the plant permit also means no mining or is the mine a separate issue? A processing plant can be relocated even though that will cost more in transporting tons of ores but feasible I think.
Comments please

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