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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
Comment by PrairieOilon Oct 31, 2017 8:29am
108 Views
Post# 26880451

RE:RE:RE:2-3 years most likely

RE:RE:RE:2-3 years most likelyAs per conference call. Kerry Smith Okay. And maybe George, if I have you, just 1 last question. What is the rough timing on the arbitration as you understand today, can you give us, give me some senses as to how this is going to play out in terms of what has to happen and how long it will take to happen? George Burns So I mean, the arbitration itself is a private matter that I really cant get into the details. In terms of the process, the arbitration panel needs to be put in place. And we expect that to happen fairly soon. And then, the expectation of duration of arbitration is around 3 months, once the panels put in place. Beyond that, I really cant get into any details. Kerry Smith Okay. But the panel would be able to render a decision within 3 months is the expectation? George Burns Thats the expectation. Kerry Smith Okay. And is that expectation based on historical arbitrations in Greece or is it enshrined in law in some way in Greece or how... George Burns No, its contemplated in the agreement on our investment.
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