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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 sandivicon Jul 20, 2017 10:42pm
408 Views
Post# 26493557

Fingers Crossed - an easy double

Fingers Crossed - an easy doubleI'm new to this board and come as a result of being an Integra Gold shareholder. Integra ended up being very good to me as I dipped in and out way back from the Kalahari days. While I liquidated a good chunk of my Integra shares post takeover announcement, I let the rest be converted to cash and shares. Unlike many Integra shareholders, I feel we got a pretty good deal given we didn't even get to the FS stage. Why was Eldorado willing to pay so much? I believe they know the Deeps or some other discovery on the property looks extremely positive. I'm happy the company has the resources and the expertise (much of it in place already) to begin mining within a year or two. The mill is at hand, 100% owned and easily expandable, permits are in place, an experienced workforce is at hand in a supportive community and safe jurisdiction friendly to mining, etc. In time, I believe the Lamaque site will have a very positive impact on Eldorado's bottom line. Coupled with a turnaround in Turkey and some positive news out of Greece and the share price will more than double. If the price of gold goes up significantly it could go even higher. Long story short, I've added to the Eldorado holdings I received from my Integra shares. I'm counting on this being a good investment over the next year. This of course is my opinion and perhaps the shares will go down further and stay down. Who knows? It's always a cr*p shoot - but I like the odds here. Sandivic
Bullboard Posts