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Eldorado Gold Corp. Message Board

  • laguy888 laguy888 May 2, 2013 6:10 PM Flag

    Earnings Report: What do people think?

    Seems their cash cost for gold is creeping up a bit? Also I cant find mention of the outlook for the Brazil port problem?
    I still think EGO is an honest group who will outperform over time. I'll listen to the conference call.
    As far as Gold outlook, I think tomorrow's job report will be positive for construction workers and negative for everyone else, especially government workers. Hopefully this will lead traders to see longer term low rates, a weaker dollar, and higher gold prices. We shall see. Appreciate other insight and opinions.

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    • Chart of AU will tell you where EGO is going .

    • Their revenue was in line with expectations but that one time charge was brutal. Excluding one time items their EPS missed by a penny. Including one time items they missed by $0.18. Revenue in line, and a miss on EPS no matter which two ways you want to dice it lines EGO up to take any weakness in gold/silver straight on the chin. I personally believe gold is headed much higher and I also think EGO is a solid company. That said, I will wait to see the reaction on the B/A tomorrow before rebuying.

 
EGO
7.52+0.08(+1.08%)Jul 23 4:00 PMEDT

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