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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 20, 2020 12:19pm
102 Views
Post# 30930142

SA Report: 3 Reasons Gold Stocks Are Set To Rally In 2020

SA Report: 3 Reasons Gold Stocks Are Set To Rally In 2020Seeking Alpha writer Gold Mining Bull shares why he feels Gold is on a tear in 2020:
Summary

The recent rally in gold stocks is likely the start of a much larger rally that will last several years.

Gold miners are increasingly focused on producing value for shareholders rather than growth for the sake of growth.

Gold stocks are going to benefit from higher margins because of dirt-cheap oil prices.

Gold stocks provide leverage to gold, and are also undervalued compared to the price of the metal.

I break down 3 main reasons gold stocks will rally in 2020 (and beyond).

Reference Link:https://seekingalpha.com/article/4338470-3-reasons-gold-stocks-are-set-to-rally-in-2020
Cheers to the patient investors


Bullboard Posts