Eldorado Gold Corp T.ELD

Alternate Symbol(s): EGO

Metals & Mining Gold

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

Eldorado Gold Corp

Bullboard Posts

Post by challenger426on Feb 22, 2019 10:10am

168 Views

Post# 29399160

Market got it right this morning - ELD up over 7%

If you read ELD's 2019 projected outlook, then ELD is still undervalued. If ELD produces 400,000oz of gold in 2019, keeps their AISC below $1000 and with only 160M shares out, then $7+/share is quite possible. If their AISC comes in closer to $900, then I would think we have at least a $9 share price assuming the POG remains around $1300/oz. Either way, the huge revenues should help ELD's cash position and balance sheet going forward.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week