RE:Vlad on Seeking Alpha has a new ELDORADO articleThanks for sharing Golden nuggetts. It is an excellent article about Eldorado's recent Q2 growth success and Vladimir Zernov is one of Seeking Alphas' finest research writers. My takeaways:
- "Eldorado Gold is well positioned to benefit from current gold price environment and has the potential for more upside... healthy trends at Lamaque stay intact..."
- "... strong operational performance in the second quarter, the company is set to maintain its previous production guidance of 520,000 – 550,000 ounces." {WoW - finally their over-enthusiastic yearly plan produces results}
- "The strong gold price will lead to healthy operating cash flows, boosting Eldorado Gold’s cash position "
- "...gold mining stocks as a group do not reflect the new gold price environment {Right on}and the perspectives for future gold price upside. {So true here we are at over $1800 US Gold and miners yesterday are barely moving ...}
Only about 10 trading days left till the Official reporting of Q2 Earnings & Revenues. By then {or prior to} we should see a more rewarding price for this undervalued stock and hopefully - more news on Skouries permits.
Cheers to all the patient Eldorado investors