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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 May 01, 2020 2:07pm
212 Views
Post# 30977056

April showers bring May Golden flowers: May 4 & 5

April showers bring May Golden flowers: May 4 & 5 Forget the tit for tat on whether the Q1 was disapointing to some or promising & ambitious to others. It is what it is and as investors we need to take appropriate actions by doing what ever is necessary to guard our principle when investing. It may mean for some, taking  a portion off the table so that you can sleep at night, for others it may be buying back in as prices lower,  while for others just setting a sell limit price and swing in a hammock waiting for it to trigger... Let's face it - Eldorado has never been the 'Starchild' of miners to most analysts... but all that could change soon as the fate of Skouries/ long delayed permits and Eldorados success in Greece will be voted on Monday. Eldorado has taken all the required Environmental compliance steps to gain full permitting of Skouries and this is what long minded Eldorado Investors have been waiting for. One of Yahoo finances finest contributors says it all:
Beauspeak25 minutes ago
"One of the most important things from that (Q1) call, is that they got out of it without saying much about Greece, which is EXACTLY what they needed to do -- say nothing. The environmental bill has now passed committee and goes into vote with full parliament on May 4-5. New Democracy (ND) has the votes...this should pass by Tuesday. Shortly thereafter, ND and EGO will finalize terms and the Skouries asset will jump from $0 on the balance sheet to +$1.5Billion at least. Remember, Greek Government has already lost in Greek courts thrice...also remember, the $750Million that the Greek Government owes to EGO from the courts ruling...that has value, and is part of these ongoing negotiations.Hold onto your shares or buy more if ya can...EGO's about to pay us big-time!"
Bullboard Posts