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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 NiN777on Dec 10, 2017 11:24am
105 Views
Post# 27126228

RE:This may be good news for all gold miners.

RE:This may be good news for all gold miners.Yep when the average joe talks about crypto at the water machine you know the dumb money is moving in and the smart money are exiting.  The central banks will be delighted to see all this liabilities fiat money wiped out on their balance sheet.  Funny enough people see crypto as a "safe-haven"; lambs to the slaughter, this fake asset probably has the highest counter-party risk ever.  This manipulation in the crypto has everyone thinking they are "missing out", I don't feel i'm missing anything playing russian roulette with a fully loaded gun.  As for Eldorado, it's impossible to time the market, and i knew it was going to be a game of patience, not ready to quit and I averaged down so much that even with a small rebound i will break-even.  I'm not planning to sell until Skouries and Lamaques are under operation unless I see a bankruptcy coming or a major breakout; I believe 2020 will be the year, all this credit expansion will have to go somewhere and gold prices will trend higher along with everything else(oil copper etc).
Bullboard Posts