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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 Czicfwillgetermiton Apr 29, 2018 1:18pm
175 Views
Post# 27955858

Folks wait on this one

Folks wait on this oneIts a year end story most likely, tax loss selling will destroy share value especially after this rs that management seems to want.   Its just like primero imo,  wait for the transfer of wealth to take place before doubling down or going in.   I tried ego with a small position at 1.20 with very tight stops hoping managment was trying to add value. I lasted about 3 days before being stopped out.  I tried again at 90 and was stopped out CC day.  From 50k shares to 300.   So now after getting better feel for managment and what appears to be a shakedown just wait for it.   Its takes time, these guys will lose shovels, have safety issues, more permit issues, lack of ramp up goals, ect.....At least at primero managment acted like they were trying, haha.   Just wait for it.  Same game plan as primero, same game plan as old tgd.   Just wait for year end tax selling,  the market will tell you what your buy in price should be,,,,,and then jump in with both feet.   Good luck.   
Bullboard Posts