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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 Steppenwolf55on Oct 18, 2018 12:25pm
82 Views
Post# 28828014

RE:Motley: ELdorado is 1of 5 Dirt-Cheap Gold Stocks Trading <$5

RE:Motley: ELdorado is 1of 5 Dirt-Cheap Gold Stocks Trading <$5This company is a long bet with a probable horizon of at least a year, which is the most likely time of the next Greek election. A year is an eternity in politics, but unless the present government suddenly starts caring about the Greek economy there is unlikely to be any change. They are down in popularity so an early election is unlikely.
It will also be around a year before we really know the new cost of production in Turkey, and before production ramps up again. 
Add to that the timing to see income from Lamaque, which is also around a year from now.
Three major factors, and all coming due in about a years time.
Bullboard Posts