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Gold/Mining/Energy : Precious and Base Metal Investing
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To: Braincramp who wrote (817)12/12/2001 8:34:57 AM
From: russwinter  Read Replies (1) of 39344
 
<Eldorado, at 26 cents looks like a good buy>

Absolutely, a core holding, I picked up more in the last couple days. I'm impressed with management, they've made good moves over last year: covered hedges, paid down debt, getting San Bento fixed, partnering in Turkey with key players, and advanced the Turkish projects. And 2002, will be an active year too, especially on the financing and project development side. Kisladag (NDY's operation in Turkey is up and running) is a fine asset, that will put them on the map as a quality mid tier, and you can see what the market pays for those.

See Nov. 15 Kisladag pre-feas. Note inexpensive capex for this project.
eldoradogold.com
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