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 26, 2020 4:02pm

176 Views

Post# 31074830

Gold will return higher, in time

I added a bit more at thses prices...came across an interesting comment;
a $100 increase in the price of gold is $50 million in income and cash flow.

So even with a pullback of $10 today...EGO is on track to be up $50 million more a year from now...these on top of many other increases in the POG...

I have already posted that EGO could almost finance Greece by themselves...with every $100 increase in gold it is more and more a possibility. Certainly , their balance sheet is rapidly improving.

Also, I find it funny how we jump maybe 75 cents on a $100 increase in gold and down 60 cents on a $10 dollar pulback...funny market.

IT is hard not to just stay long and avoid the noise. (Yahoo Finance ; AllAmerican555)

GLTA

Bullboard Posts

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