RE:Get Ready - It's coming Part 2CatamaranFund wrote: Well..a pleasant 12% hike today, even with Gold floundering around Low $1800's and ..even on a friday - Eldorado is shooting up for a reason...Get ready it's comin' - a promising Q4 report o at End of this month, a vote on aquiring QMX and most importantly ...the cherry on top . promising new of the granting of permits for Skouries in Greece - or at least an update as to when it may proceed to Greek Parliament for consideration..Greek souvlakis' to all patient investors as few of my investments ever jump 12% in one day...and on a Friday!!!
Hey Cat, while seeing green is always welcome , 12% is quite dissapointing........ELD traded at over $18 just few weeks ago without QMX and Greek permits. These permits were lond awaited and investors were told ELD SP is so low compared to other miners due to "0" value given for Greek assets. This will add at least $1 billion to ELD value. That's roughly 40% at current valuation.
Bancrupt Air Canada jumped 17% when the announced halting all flights to warm destination until May.....go figure , like this was a good news. But Canadian gold miners seem to be completely different animal in this area......most hated/shorted by hegde funds , and underperforming any other asset class.