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Eldorado Gold Corporation (EGO)

NYSE - Nasdaq Real Time Price. Currency in USD
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11.34+0.18 (+1.61%)
At close: 4:00PM EST
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  • c
    charles
    Recently achieved agreement with Greece was added to EDGAR on Friday, February 5th the same as filing on Hellenic Parliament today Friday, March 5th. CEO of Eldorado George Burns is bought and paid for by hedge-funds in Toronto and New York. In order to avoid retail jumping on a sure-trade the company has released news on Friday to keep the story from circulating and allow institutional investors like Credit Suisse to buy shares after hours. The next part of this story is clear: guaranteed approval of Eldorado's investments in Greece by Parliament, re-valuation of share price with major reduction to cost profile based on Skouries low AISC's and base metals component (copper).
    Bullish
  • F
    Freesurfin
    Short-term investors will accept a 20% gain because they didn’t spend the time to develop the conviction and foresight to see the next 500%. Don’t bother finding the next multi-bagger, unless you are going to develop the conviction to hold it.
  • F
    Freesurfin
    Danish fund manager, Domenick Beskos on Twttr:

    Most stocks in today’s markets will still be to expensive even if the priced dropped 70%..! But there are exceptions:
    Next 5 baggers will be: $POLY.L Polymetal Int. at 15 £, $EGO Eldorado Gold at 11$, $AUY Yamana Gold at 4,4$, $GOLD Barrick Gold at 19,8$, $NEM Newmont Min at 54$
    Gold going to $5,000 2022/23 in this inflation super cycle.
    Bullish
  • y
    yan
    new buyer in town today, Credit Suisse (Canada), 33914 shares at closing time.

    an investment of $487,344.18 cad into EGO
  • v
    vincento
    GOLD interested in copper - of course, see comments from Barrick's Bristow:
    Bristow said there is a growing role for copper in Barrick's portfolio but his first priority is to expand assets the Toronto-based miner already owns.

    He expressed interest in Freeport last year, but rising copper prices have pushed up the U.S. miner's relative stock market valuation.

    Bristow said last month that Barrick had successfully turned around its Lumwana copper mine in Zambia and could be interested in buying a smelter. (Reporting by Jeff Lewis, Editing by Franklin Paul and Paul Simao)
    Bullish
  • n
    nicholas
    Told everybody here some filing will take place March 5th for Hellas Gold, rumor has it Panos Skourletis has 12,000 shares of Eldorado Gold stock via family account in Frankfurt. LMFAO now everyone is jumping on this bandwagon!
    Bullish
  • b
    blue
    Even traders who are shorting gold admit that 3 month outlook is bullish, they just play it day by day..week by week but won't keep their short positions for 3 months, so enjoy the action with the bed time story that comes with it, all forecast for gold price this year is bullish.for Ego skouries is a huge catalyst.
    Bullish
  • P
    Pospe
    Patience, IMO gold only takes momentum for the next ascent, the escape into the safe haven will start again and even more strongly than before. By the way, I think the less expect a crash, the worse it will be. Read an interesting article about BC but can't post the link: Nouriel Roubini, Professor an der zur New York University said."Even the Feuerstein family had a more sophisticated monetary system
    • Bitcoin is a bubble that will burst at some point
    • Calling cryptos as "currency" or "asset" would be wrong
    • Digital coins are neither scalable nor secure, fair or decentralized"....
  • J
    John
  • M
    Michael
    They just added the ratification bill today..so possibly voting next week
  • y
    yan
    Maybe someone can tell me who is buying? For over a month now I am tracking who is buying and selling, and all the shares on the TSX are being bought by CIBC and anonymous buyers. Someone said before that it was retail investor at CIBC like him... but I don't believe it. Retail investors at CIBC don't buy 100 share blocks at it cost about 10$ every time you buy and sell and why would only retail investors from one broker (CIBC) buying shares in Canada it does not make any sense. You can clearly see when I retail investor is buying.
  • P
    Paul
    27 million paper oz sold today. 31% of global annual production.
  • j
    john
    Thanks for posting the Greek Parliament update. Great way to end the week.
  • b
    blue
    You may hear about technical analysis..that Gold had a death cross, means 50 days average went below 200 days average..guess which other metal had that event.. silver around 15$..now it is trading above 25$.
  • n
    nicholas
    Vote in Greece will be positive for Hellas Gold since New Democracy controls parliament is very simple, vote takes place next Tuesday March 9th
    Bullish
  • M
    Michael
    So the agreement is now public....anyone who knows greek ...you have some reading to do and need to report back on what it says
  • c
    charles
    Eldorado Gold has been in conversations with interested parties in Skouries since last year, some of those parties would prefer a full merger. The price is the real challenge before and after vote in Greece happens makes a big difference. Burns does not matter this is one step above his paygrade.
    Bullish
  • c
    charles
    Gap filler to $18.50 makes sense with Parliament approval of Eldorado Gold's investment agreement with Greece. Merger will occur Monday after.
    Bullish
  • n
    nicholas
    LEGISLATIVE WORK 03.03.2021 9.45΄ Single discussion on the principle, the articles and the whole of the draft law of the Ministry of Development and Investment infrastructure and foreign direct investment".
    Bullish
  • P
    Pospe
    In these days, the patience of EGO shareholders will be put to the test once again. The price of a share should be over $ 20 even for Gold 1600. With Skouries way above that. Incidentally, the huge increase in money has already resulted in a strong devaluation of the currencies. Since the amount of gold is limited and the same, logic tells me that gold will continue to rise. And, since gold has been used as a safeguard and means of payment for thousands of years, it also has great advantages over completely overvalued stocks and the in no way hedged cryptocurrencies. So I will continue to trust the good numbers and wait for the price of a share to adjust to the level of its value.
    Bullish