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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
Post by blobboyon Jan 29, 2016 12:43pm
147 Views
Post# 24505980

ELDORADO LAGGING BEHIND

ELDORADO LAGGING BEHIND Interesting Fri. am. for the golds with Eldorado lagging behind. Obviously Greek concerns are holding us back here, any hint of a positive resolution to the current show down and this puppy will soar. I suggest a 25% discount is currently reflected in the share price for Greece alone, so in the present gold environment we should be trading in the $4.00 - $4.50 range. And if gold sees the next leg up after this current consolidation ( and i think it will ) Eldorados fair value should be about $5.00 p/s, a nice premium to current trading value. As pressure mounts on the leftist government, the newly formed Democratic party will gain support for a more friendly pro-business approach. I think the more astute investor sees the value here with Eldorado and is likely adding to their positions. Mind you this week has offered up a decent trade off the lows so I fully expect to see some money come off the table near todays close, very typical going into the w/e....blobboy hasn`t sold a single share since catching the bottom on Monday am. I consider this one a strong hold with great upside potential once all the wrinkles get ironed out. GLTA
Bullboard Posts