Gold stocks surged Wednesday as gold futures gained nearly $20 an ounce to settle at a 1-month high on optimism that lawmakers could make a deal which would avoid the upcoming "fiscal cliff". The Market Vectors Gold Miners ETF (GDX) spiked 1.5 percent Wednesday. The Paragon Report examines investing opportunities in the Gold Industry and provides [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/16/12 -- Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) ("Eldorado" or the "Company") today announced that due to current market conditions it has decided not to proceed with its planned offering of US$500 million senior unsecured notes, which it had previously announced on November 12, 2012 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/12/12 -- Paul N. Wright, Chief Executive Officer of Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) ("Eldorado" or the "Company") is pleased to announce that the Company intends to offer up to US$500 million aggregate principal amount of senior unsecured notes due 2020 (the "Notes"). The interest [...]
After a solid start to the year, gold mining stocks have struggled of late. The Market Vectors Gold Miners ETF (GDX) is down more than 4 percent over the last month, while the Market Vectors Junior Gold Miners ETF (GDXJ) has crumbled more than 5 percent over the that period. Five Star Equities examines the outlook for companies in the Gold Industry [...]
Earnings per Share $0.11; Cash Flow per Share $0.16VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/26/12 -- (all figures in United States dollars unless otherwise noted) -
Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) ("Eldorado", the "Company" or "We"), reported profit attributable to shareholders of the Company of $75.8 million for the [...]
Gold Resources Increase by 1,570,000 OuncesVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/25/12 -- Paul N. Wright, Chief Executive Officer of Eldorado Gold Corporation ("Eldorado", the "Company" or "We") (TSX: ELD)(NYSE: EGO), is pleased to provide new results from the 2012 exploration drilling program at the Certej Deposit, Romania and a [...]
Gold Prices last week reached an 11-month high of $1,796.50 an ounce after comments by European Central Bank President Mario Draghi suggested that more bailouts may be forthcoming. Draghi had stated that euro is "irreversible," and that the central bank stood prepared to purchase the bonds of indebted countries. The Paragon Report examines [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/27/12 -- Paul N. Wright, Chief Executive Officer of Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) ("Eldorado", the "Company" or "We"), is pleased to announce that the Preliminary Environmental License (PEL) for the Tocantinzinho Project (the "Project") has been granted by the Environmental [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/26/12 -- Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) will release its 2012 Third Quarter Financial and Operating Results before the market opens Friday October 26, 2012. Paul N. Wright, Chief Executive Officer of the Company, will host a conference call on October 26, 2012 at 8:30 AM PT (11:30 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/25/12 -- Norm S. Pitcher, President of Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) ("Eldorado", the "Company" or "We"), is pleased to provide an update on selected exploration results received since our previous News Release 12-17 on June 27, 2012. These results include assays from drilling in [...]
Gold stocks have been on an impressive run as of late as prices for the precious metals have surged due to the potential of economic stimulus from central banks across the globe. Gold prices reached a 6-month high last Thursday after the Federal Reserve announced stimulus for the U.S. economy. The Market Vectors Gold Miners ETF (GDX) has gained [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/14/12 -- Eldorado Gold Corporation ("Eldorado", "the Company", or "we") (TSX: ELD)(NYSE: EGO), in response to recent media reports, confirms that the July 9, 2012 Environmental Permit for the Certej Project in Romania was granted in full compliance with all Romanian legislation and European Union [...]