Replies to post #381 on Eldorado Gold Corp (EGO)

[Timothy Smith]

Eldorado Gold (NYSE:EGO) agrees to buy 52M shares of Integra Gold (OTCQX:ICGQF) for $0.28 per share, giving it a 15% stake in the company (Integra closed at $0.205 last night).

The investment will bring cash on Integra's balance sheet up to $27M, giving it the firepower to move forward with an active fall and winter drill program at the Lamaque Project.

The deal closing is expected on or about Aug. 31.

@Timothy Smith