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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 CatamaranFundon Jan 09, 2020 7:31pm
89 Views
Post# 30536836

Kitco News: Gold bulls revert back to the basics

Kitco News: Gold bulls revert back to the basicsKitco's Gary Wagner report on 'Gold bulls revert back to the basics'
My takeaways;
There are three actions central banks globally have been taking that are highly supportive of gold pricing.
  1. First is the reduction of interest rates.
  2. Asset accumulation by central banks to infuse the economies of the country or countries that they cover.
  3. Accumulation of gold bullion by the central banks throughout the world
 "...for now traders and investors alike can once again begin to refocus on the basics that have moved gold prices to the highest level in seven years."
Read full: https://www.kitco.com/commentaries/2020-01-09/Gold-bulls-revert-back-to-the-basics.html
Cheers to the patient.
Bullboard Posts