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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 run33on Jun 12, 2017 12:31pm
292 Views
Post# 26352691

Soooo.....

Soooo.....So the Greek government says they are preparing for arbitration to make sure that ELD are following their "contractual obligations" - their exact words.

ELD says they've received no such notice of any arbitrational proceedings, and that they are doing what they are supposed to be doing on their end, anyway.

How would any of this even slighty affect the mine plans?

It seems the Greek government pulls some sort of stint about twice a year to make sure their pockets are lined with cheap ELD paper.

Or am I wrong here?




Bullboard Posts