RE:RE:RE:Eldorado Gold to buy back up to 2.08 million shares ! goldminer11 As someone had posted earlier these shares from the "NCIB" are to be use to furnish the ELD management team with shareholder approved RSU shares. As started "The RSU Plan provides that Shares available to satisfy such redemption will be acquired on the market. The NCIB is being conducted to acquire the Shares for the purposes of the RSU Plan".
Also you state Eldorado continues to dump $B's into Greece, I had never come across Wright stating this. What I did come across him stating was the priority is to grow the company by deploying the net proceeds from its Chinese assets into long lived, low cost assets, aka M&A.
I agree their projects in Greece have been a disaster with the current leftist government in control, of which their party is hanging on with the thinnest of threads, and will no doubt over time find themselves replaced, but one does not just pack their bags and run away.
I agree with TG in that ELD is more than likely not going anywhere, will continue to hold on to their ownership in ICG, while the ICG's management team continues to further de-risk the project, and proves-up the Lamaque Resource.