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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
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Post by CatamaranFundon Aug 04, 2020 11:18am
56 Views
Post# 31361231

Gold price up a bit as market pauses

Gold price up a bit as market pausesYou cant keep a performing stock down...for long. Patience will be rewarded once Gold breaks the US $2000 barrier for good. Kitco's Jim Wyckoff explains:

Kitco News) - Gold prices are slightly higher in early U.S. trading Tuesday, on a normal pause after Monday hitting a record high of $1,997.00, basis October Comex futures. October gold futures were last up $2.80 an ounce at $1,977.50. 
"Technically, the gold bulls have the strong overall near-term technical advantage. Bulls’ next upside price objective is to produce a close in October futures above solid resistance at $2,000.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,900.00. First resistance is seen at the overnight high of $1,984.90 and then at Monday’s record high of $1,997.00. First support is seen at Monday’s low of $1,963.50 and then at $1,950.00. Wyckoff's Market Rating: 9.5"
Cheers to the patient investors

https://www.kitco.com/news/2020-08-04/Gold-price-up-a-bit-as-market-pauses.html
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