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 CatamaranFundon May 06, 2020 10:24am

126 Views

Post# 30992616

SA: Eldorado Gold: The Recovery Is Proceeding Well

Reposted - worth a reread. I also find the 11 (and growing) comments made by readers interesting, considering results of majority votes in Greek Parliament

Summary

Revenues were higher than I expected this quarter with $204.66 million, up from $80.02 million the same quarter a year earlier, and up 6.6% sequentially.

The production for the first quarter of 2020 was 115,949 Au Oz, up 39.7% year over year, and down 2.5% sequentially. The company sold a little over 116K ounces.

It is time to look at EGO as a long-term investment again. However, it is crucial to trade short term about 30% of your holding.
https://seekingalpha.com/article/4343154-eldorado-gold-recovery-is-proceeding-well

Bullboard Posts

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