The agreement is now signed....but now awaiting Greek Parliament approval. Meanwhile miners are largely being impacted by lower gold prices...but Eldorado will report somewhat positive Q4 earnings this Friday so look for some positive reaction.
I have saved a web seat for you at the web conference:
https://services.choruscall.ca/links/eldoradogold20210226.html If between now and then the Greek Parliament votes in favor of Eldorado then look for this stock to jump the $2/ share it just lost and more as Eldorado becomes a suitable 'bride' for either a Joint venture or as an ' pre-arranged marriage' take over target. Who would want to take over Eldorado? Well...Once fully 'accepted' by Greece, she will become the largest gold miner in the EU. (yes the largest) and be more- geo politically friendly & 'permitted' to attract several suitors...from Large Gold mining studs like Barrick, Newmont, Gold corp to Greek billionaire business conglamorates.
So the question is - is this arrangement with a prearranged wealthy suitor in waiting or will Eldorado have to 'flash' it's Golden Greek attributes to get some attention?....I think i know the answer to that.
Get ready for the wedding as its going to be a golden opportunity for the next 2 decades. So will Eldorado say Yes to Mr.Right? Will Greek Parliament say Yes to Eldorado? Dont miss the wedding...Cheers to the patient investors!