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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 phil_ton Nov 14, 2017 10:00am
105 Views
Post# 26958485

RE:Puzzling

RE:PuzzlingI think all the positive drill results are seen as very much down the road benefits.  If investors are concerned with the companies ability to fund those projects, the positive results won't have much effect.  The general negative sentiment in gold market recently is also suppressing any excitement in early-stage exploration.  Having said that, Eldorado is likely to sell one or more assets in order to fund developement of others and these results should increase the value of those projects.  The parts are definitely worth more than the sum at this time.
Bullboard Posts