Replies to post #902 on Eldorado Gold Corp (EGO)

[JohnCM]

Fun Trading, Contributor Seeking Alpha

Author’s reply -

"Orb,

Excellent post thank you... Totally agree. I received recently an email from EGO who told me:

"As we outlined in our Q1 presentation we will fund Lamaque and a large portion of Kisladag from cash on hand and cash from operations. To make up for the difference we are closely examining several options (including sales of non-core assets). We do not have an update on TZ or Certej beyond what we had in our Q1 results."

"Tocantinzinho, efemcukuru in Turkey and Certej are the three first mines that come to mind. Selling stream could be another potential (Lamaque and Kisladag?) I doubt they sell Efem (main core) but why not? Perhaps a stream?"

"What is a certitude is that Kisladag and Lamaque are not for sale and Greece is still in the doghouse until permits are received.
Best regards,"

[Rogue9999]

One of my concerns is the lack of mention about copper refining in Greece.

• The ministry does not specify what such an agreement would entail but says the ruling meant that Greece had to make sure that EGO would produce pure gold, silver and zinc in the country.

With out copper the projects aren’t profitable.

[BAMF1984]

$2? When, after the 5-1 split?

[Lowjack]

That's a nice bear flag you got there!