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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
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(2)
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Post by CatamaranFundon May 26, 2020 12:40pm
85 Views
Post# 31073594

Gold pulls back as trader/investor confidence increasing

Gold pulls back as trader/investor confidence increasingKitco News AM/PM Roundup:  Jim Wyckoff  Tuesday May 26, 2020 12:22 pm;
 
"Technically, June gold futures see no significant chart damage occurring recently but the bulls do need to step up and show fresh power soon to avoid some damage. The bulls still have the firm overall near-term technical advantage.
Gold bulls' next upside near-term price objective is to produce a close above solid technical resistance at the April high of $1,788.80. Bears' next near-term downside price objective is pushing prices below solid technical support at $1,666.20.
First resistance is seen at today’s high of $1,737.20 and then at $1,750.00.
First support is seen at $1,700.00 and then at $1,683.00. Wyckoff's Market Rating: 7.0"
Reference to full article:
https://www.kitco.com/news/2020-05-26/Gold-pulls-back-as-trader-investor-confidence-increasing.html
Bullboard Posts
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