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.

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Eldorado Gold Corp

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Post by CatamaranFundon Aug 25, 2020 3:50pm

116 Views

Post# 31452027

Normal Ratio exceeded - Gold miners back in undervalued

Gold is down : 1928.10 -0.50
So at a 1:2 Gold bullion to Gold miners ratio that means most miners should be down 1%. Eldorado is now down at -1.88% so thats more like a 1:3 (-1.5%) or closer to -2% or 1:4. Thursday is an important day to determine how Gold will react due to all this profit taking. stay tuned

Cheers to the patient investors

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