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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 06, 2020 1:30pm
114 Views
Post# 30993880

Gold solidly down amid bearish outside markets

Gold solidly down amid bearish outside marketsMost Gold Stocks a bit down today...Gold  now at approxx. US$1686
Kitco News, Jim Wycoff
Technically, June gold futures bulls still have the overall near-term technical advantage amid a seven-week-old price uptrend still in place on the daily bar chart, but now just barely. Bulls need to show fresh power soon to keep the price uptrend alive.
Gold bulls' next upside near-term price objective is to produce a close above solid technical resistance at $1,740.00.
Bears' next near-term downside price objective is pushing prices below solid technical support at $1,666.20. First resistance is seen at $1,700.00 and then at today’s high of $1716.60.
First support is seen at today’s low of $1,683.00 and then at last week’s low of 1,676.00

https://www.kitco.com/news/2020-05-06/Gold-solidly-down-amid-bearish-outside-markets-USDX-up-oil-down.html
Cheers to the patient investors.

Bullboard Posts