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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 NiN777on Nov 09, 2017 5:54pm
190 Views
Post# 26936121

Skouries on care and maintenance Good or Bad?

Skouries on care and maintenance Good or Bad?
Good point: #1Make the greek government look like idiots,
#2 preserve capital,
#3 prevent brand value and reputation name since the government is ill-faithed.  Greece has been bankrupt since 2015 wake up people(when you're bailed-out, you're technically bankrupt), it's a game of words.

Bad point: Not looking really good before an arbitration as it might be called an act of "ill-faith" in the greek justice system.  Government has really painted itself in the corner to go back on their decision will hurt them polically since it's a left-wing party, might delay commercial production by 3 months.

I wonder if it might negatively impact Olympas and Stratoni mines if the government decides to pull some more BS out of their hat and raise the stakes.

Bullboard Posts