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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 Aug 19, 2020 12:04pm
110 Views
Post# 31428755

Larger gold price moves are now expected: RBC Wealth Mgmt

Larger gold price moves are now expected: RBC Wealth Mgmt(Kitco News) RBC Wealth Management by Anna Golubova  
Wednesday August 19, 2020 11:07 
Higher volatility and larger gold price moves are expected as the U.S. November election nears, according to RBC Wealth Management. “Dollar pullback again keeping traders eyes on FED stalled stimulus and dips and rallies in gold expected more volatility ahead of U.S. elections as pandemic worries and economic and political headlines increases tensions,” writes RBC Wealth Management managing director George Gero. “Larger daily price moves are now frequently expected as more hedgers buy and sell.
Buyers seem to be waiting fo the dips
in prices before buying. “None of the usual global worries have eased. In fact inflation expectations increase with more debts and stimulus. Gold expected to respond with more assets allocated to it, and $2,000 gold, $30.00 silver upcoming sooner than expected,” Gero notes
Bullboard Posts