I am really curious as to what will take place this Thursday. Will Greece give us the remaining skouries permits or will EGO still move forward with suspending investments. Best case scenario, Greece gives us permits and drops stupid court case. Stock price would double
Eldorado Gold Issues Thursday Deadline to Greece for Skouries Mine | GreekReporter.com
Eldorado Gold is ready to suspend the investment in Skouries, if the Greek government does not provide the necessary permits by Thursday.
Problem with this stock is nobody is ever sure #$%$ is really going on. Just bought back in, looks like the bottom, but it's hard to predict.
I think we will here from Greece today, as the time differential in Greece is 7 hours from New York. They should have reached some agreement by now, if not, in the coming hours, and the news agencies will publish this information online in the coming hours. I would think the Skouris permit will be granted today; lets see what happens.
How Greece's gold mining trouble could derail CETA
Before CETA fully comes into effect, it must be ratified by each EU member state. Greece might have cause to stop it.
Eldorado Gold currently has a market capitalization of $1.8 billion, a price-book (P/B) ratio of 0.49, a price-sales (P/S) ratio of 4.24, an EV-EBITDA ratio of 14.58 and an EVO - the enterprise value per ounce of proven and probable gold reserves - of $106.08. According to the last metric, Eldorado Gold is one of the cheapest gold stocks at the moment, and it couldn't be otherwise because of the issue the company is experiencing in Greece. The step-by-step resolution is the real catalyst to this gold stock's market value.
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The Canadian mining company Eldorado Gold and the government appeared to remain at loggerheads Wednesday over mines in northern Greece whose operation Eldorado has threatened to suspend unless Greek authorities issue a series of pending licenses.
Olympias Fully Operational All Permits Granted EGO Eldorado Gold Stock worth $5-10 Now Adds 85k Ounces
Eldorado Gold $5-10 Target Upgrade Looms Moody's Has to Change Rating Again Greece Permits Credit Positive Greece May Become a Major Gold Producer Boom for EGO
Olympias Fully Operational EGO to $10 Permits Granted
Hellas Gold calls for issue of Skouries mine licenses, Chryssa Liaggou | Kathimerini
The deadline this Thursday that Eldorado Gold has set the Greek state – threatening to suspend its investment program in Greece – is fast approaching, and the Canadian company’s local subsidiary Hellas Gold has returned to the issue of the pending li
Olympias Adds 85k Ounces Annually to 170k in 2022 $10-15 EGO Stock
KEEP it in play
Eldorado Gold Granted 3rd Permits for Olympias
EGO should get some upgrades today just on the Olympias permits alone. Gold production will go up significantly by year end. Stock will be above $3 by next week if Burns is not an idiot and accepts current terms. Going for the extra Skouries permit might work, but could also backfire on Burns if Greek Gov, fails to produce permit. If they do get the Skouries permit, thats an extra $.50-1.00 on the stock price.