Eldorado Gold Corp (USA) (NYSE:EGO)

I have a long timeframe for investing, and I think this company will recovers with other miners as an oversold precious metals miner recovery begins. Will it happen in 2012? I hope so. If it doesn't, then 2015 will do.

Added this at 13.05 real money to roth ira for very long-term play, and picking this to track it.

Low cost producer in long term Bull market for gold.

I have gone through over a hundred years of data at a very granular level and gold has an early year bounce seasonally, after a seasonal autumn/Christmas trough, in something like 95 % of the cases. There are some reasons the seasonality persists even though one would think goldbugs would arb it away. I expect the seasonal bounce and worries about global geopolitical and economic dysfunction, to offset in the short term, the growing realization that the inflation everybody has been worried about will take a while to bite and short term we may have some serious disinflation and persistently sloppy global economy. Gold is more seasonal than energy and other nonprecious metal commodities. EGO is also oversold on arb against their target Europpean Goldfields. A bounce should happen over the next couple months.

The US $ has became just paper

With the economy moving like pond water, and with a public debt juggernaut that Congress has shown no serious interest in stopping, it's hard not to be bullish on gold.

Eldorado is the lowest-cost producer in the market, so EGO seems like a no-brainer buy right now, at least as a hedge.

However, always keep in mind the risk of weakening demand from China. China is the 800 lb. gorilla of the gold market, so the thesis behind buying EGO or any other asset that trades with the price of gold falls apart if anything happens across the Pacific.

Low cost gold producer with the only currently mines operating in China by a Western Company. Very under valued/oversold.

outperform

gold will maintain its growing importance for another year or so and then will need to be able to make room for the new kid on the block... that be stocks and equeties

Dilution of the dollar value will force precious metals price up. Low cost miners such as EGO will get benefited from higher gold prices OTC.

junk

Yes, its a gold miner, and gold is up.....but, this company has good financials and a low cost of operations

lonnnG!!!! good quarter coming up.

CHINA

I'm guessing that this is a short-term move out of the precious metals miners to capture the gains from the August rally. Some investors may be looking for other cheap stocks to buy after the S&P sold off last month, but since I believe that these miners will continue to rally after a brief respite I just restarted the same bets after the sell off.

A relief rally for the overall market sent silver and gold down, but if this was a real long-term trend wouldn't GDP and employment be improving by now? This may be a good opportunity to sell some speculative bets which have done well today and stock up on some good miners who have sold off.

The dollar is weakening. Gold seems to be the only commodity that will sustain its value.

All I can say about Edorado is that "I have a really great feeling about this stock". What I mean to say is "based on the company's past performane, its plans and projections for future growth---combined with the state of. and prospets for, the US and World Eonomies- I see this stock as one to hold for long, long time. I just wish I would have bought more when it was at $13. But I am considering buying more if we get a dip back to $16.50 or so. I am going for the ride.

It has excellent fundamental, also gold should continue it's climb.

The Chinese are looking to get there hand on some gold and this company owns gold mines throughout the country. Need I say more