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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 Jul 13, 2020 12:08pm
71 Views
Post# 31260772

RBC: Expect gold price volatility:bullish: Buy on dips

RBC: Expect gold price volatility:bullish: Buy on dips
Market Nuggets - Expect gold price volatility on 'overly bullish sentiment', price dips to be bought — RBC Wealth Management by Anna Golubova  
Monday July 13, 2020 10:15;
 
(Kitco News) Gold investors should gear up for some volatility and profit-taking this week amid “overly bullish sentiment,” writes RBC Wealth Management managing director George Gero. But any price dips will continue to be bought, Gero notes. “Expect volatility later as overly bullish sentiment can bring short term on surprise headlines profit taking but buyers on dips with longer term outlook and continued ETF buying will support upside. Look for $1,850 gold, $20.00 silver before long,” he says. “Usual headwind, strong stocks counters low rates, as China, North Korea, Middle East, tariffs, elections, coming inflation, large debts globally worrying investors.”

Reference: 
https://www.kitco.com/news/2020-07-13/Expect-gold-price-volatility-on-overly-bullish-sentiment-price-dips-to-be-bought-RBC-Wealth-Management.html
Bullboard Posts