sirtoannguyen
Long

This is why you should BUY. Look at the swing!

NYSE:EGO   ELDORADO GOLD CORP
This is why you should BUY. Look at the swing!

What is better than gold now?
The company also announced revised guidance for 2019 and beyond. It now expects to produce between 390,000 and 420,000 ounces of gold equivalent with all-in sustaining costs of between $900 and $1,000 per ounce. Even more encouraging are its 2020 estimates, which call for 520,000 to 550,000 ounces of gold equivalent at an all-in sustaining cost of $800 to $900 per ounce. With gold prices currently north of $1,300 per ounce, it would appear that Eldorado is well positioned to earn some hefty operating profits in the coming years.
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