RE:RE:Integra Gold Announces $14.6 Million Investment by Eldorado I would say this is only the first steps with Eldorado Gold's involvement with Integra Gold. How large of an involvement lies ahead is anybody's guess, but as the project continues to be de-risked, and a bankable feasibility is completed, a future buy-out of Integra by Eldorado would not be surprising.
Anyway it looks like Eldorado now has Integra's back financially, which is not only of great importance in it's development, but it also strengthens the confidence of new investors looking to buy into ICG.
How strong is Eldorado's balance sheet?
Liquidity of $824.8 million, including $449.8 million in cash, cash equivalents and term deposits, and
$375.0 million in undrawn lines of credit.
GLTA