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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 Jun 24, 2020 10:06am
104 Views
Post# 31185275

Gold prices power to 7.5-year high, more upside likely

Gold prices power to 7.5-year high, more upside likelyGold prices power to 7.5-year high, more upside likely
Kitco's Jim Wyckoff on the important technicals for today. GLTA the patient Gold miner investors

"Technically, the gold bulls have the solid overall near-term technical advantage. Bulls’ next upside price objective is to produce a close in August futures above solid resistance at $1,800.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at this week’s low of $1,753.50. First resistance is seen at the overnight high of $1,796.10 and then at $1,800.00. First support is seen at $1,775.00 and then at Tuesday’s low of $1,758.30. Wyckoff's Market Rating: 8.5"
https://www.kitco.com/news/2020-06-24/Gold-prices-power-to-7-5-year-high-more-upside-likely.html
Bullboard Posts