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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

Post by CatamaranFundon Aug 09, 2021 7:31pm
224 Views
Post# 33676223

DoubleX ELD sells mine $110M; Offers 500M Non-diluted Notes

DoubleX ELD sells mine $110M; Offers 500M Non-diluted NotesEven as Central Banks blatantly try to crash Gold prices - Great recovery as Gold price regained considerable price restoration today. The news out for ELdorado as it got stomped on with the rest of Gold miners;
1. Eldorado to divest (SELL) Tocantinzinho to G Mining for $110M (Finally Sold!)
https://www.eldoradogold.com/news-and-media/news-releases/press-release-details/2021/Eldorado-Gold-Announces-the-Sale-of-Tocantinzinho-to-G-Mining-Ventures/default.aspx

2.  Launch of US$500 Million Senior Notes Offering - No Dilution!
https://s2.q4cdn.com/536453762/files/doc_news/Eldorado-Gold-Announces-Launch-of-US500-MillionSenior-Notes-Offering-2021.pdf

Cheers to the patient investors.... Miners may be cast down but they are not defeated as they keep on digging while the world economic debt only widens. 
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