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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 Apr 03, 2020 2:38pm
112 Views
Post# 30876910

Volatility brings opportunity.Patience thru turmoil required

Volatility brings opportunity.Patience thru turmoil requiredIts a strange untested environment as this COVID19 pandemic and world response has caused a paralysis of investor confidence - in anything. Even cash is suspect as the paper or plastic surfaces that currency bills are printed on can retain the virus for up to 2 to 3 days and on metals even longer so you may receive more than just your hard earned cash back.
Just look at the markets today. 

TSX 12,873, down 224
Dow J - 20968, down 444
S&P 500 2471, down 55
Gold $1620 up $6 ( you would not notice in the gold miner prices...yet but dont forget miners have reserves and can determine when best timing to sell/ process ore)
Bloomberg Gold link 
https://www.bnnbloomberg.ca/gold
As some Miners are temporarily shutting down and the world is slowly shutting down - there is much uncertainty so expect possible large up/ down swings.(Volatility means opportunity)

Lets hope that this projected virus peak will appear over the next 2 weeks as estimated and then the world can work on recovering together...from a safer distance

Cheers to all Patient investors ....Stay safe & Stay healthy

Bullboard Posts