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Gold/Mining/Energy : Eldorado -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Lefebvre who wrote (455)8/19/1999 2:38:00 PM
From: Philip Choy  Read Replies (2) | Respond to of 527
 
Dennis, good news release to-day, but no one cares. If we take the mineralized zone to be 400m x 400m, depth 200m and averaging 1 gram per ton, we will have 32 million cubic meter or roughly 32 million ton of 1 gram near surface material. That is about 32 million gram of gold or 1 million oz+. The actual numbers are much better than my estimate. The resource should be at least double. NOBODY CARES. Regards/



To: Dennis Lefebvre who wrote (455)9/1/1999 10:33:00 AM
From: Alex  Respond to of 527
 
9/01/99 - ELDORADO GOLD CORP - Appoints Paul N. Wright As President And Chief Executive Officer

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Toronto, Ontario, Sep. 01, 1999 (Market News Publishing via COMTEX) -- The Board of Directors of Eldorado Gold Corporation (the "Company" or "Eldorado") is pleased to announce the appointment of Mr. Paul N. Wright as President and Chief Executive Officer of the Company, effective October 1, 1999.

Mr. Wright is currently Eldorado"s President and Chief Operating Officer. He is a mining engineering graduate from Newcastle University who has spent over 20 years involved in all aspects of the development and operation of open pit and underground gold mines. After senior management and executive positions with Placer Dome Ltd., Redpath Group Ltd. and Granges Inc., he joined Eldorado in 1996 as Vice-President, Mining, and was appointed President and Chief Operating Officer in March 1999.

Dr. Hugh Morris, Eldorado"s Board Chairman and interim Chief Executive Officer, will continue as the Company"s non-executive Chairman of the Board after October 1st.

In making the announcement Dr. Morris commented, "It is a great pleasure to report this event. Paul Wright"s experience and accomplishments make him uniquely suited to leading the Eldorado team into the next century. It is further evidence of the Company"s commitment to maintaining the quality of our current mining operations in Brazil and Mexico and to furthering the development of our attractive advanced projects in Turkey".

Eldorado is a Vancouver based gold mining company that trades on the Toronto Stock Exchange. The Company expects to produce 185,000 ounces of gold in 1999 from its mines in Brazil and Mexico. Eldorado is committed to expansion through ongoing development of its advanced stage projects, in particular the Efemcukuru and Kisladag properties, in Turkey.

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TEL: (604) 687-4018 Investor Relations
TEL: (604) 687-4018 Investor Relation
TOLL FREE: 888-ELD-8166
FAX: (604) 687-4026
Website: www.eldoradogold.com



To: Dennis Lefebvre who wrote (455)9/9/1999 3:12:00 PM
From: Alex  Read Replies (2) | Respond to of 527
 
What gives here the last few days? Sniff, sniff.



To: Dennis Lefebvre who wrote (455)10/20/1999 5:21:00 PM
From: Alex  Respond to of 527
 
Someone dumped a bundle at the close today to knock us down. I feel that Eldorado's hedge has hurt them in this pog rally. Just my opinion. They are just about back to where they were when gold was $252. Makes you wonder what will happen should gold continue to decline. Of course, many gold stocks are behaving the same. You have to wonder about an industry that has to live in fear of its' product rising in price. All this hedging and derivatives has turned the market into something from the land of Oz. Does anything real have value any more?

Regards,

Alex