Interesting historical tidbitIn 2010 EGO bid $3.5 billion for Andean Resources, but lost out on this deal to Goldcorp. I think if Eldorado had succeeded in their bid for Andean, they would not have made a bid $2.5 billion bid 2 years later for European Goldfields and their Greek assets. Interesting question, would EGO shareprice be down in the $1 range if history had taken a different turn and EGO owned the Andean asset in Argentina instead of the Greek assets ?
Another interesting thing to think about is that Kyle Bass is looking for a spectacular turnaround in Greece in the 2018/2019 timeframe that is comparable to the turnaround seen in Argentina in 2016 when Macri won the presidency. He is looking for a comparable transformation in the Greek regime.