Attn: AgentArgent — earlier post EGO — Eldorado Gold and Foran Mining Combine to Create a Leading Gold and Copper Producer
- Combination strengthens Eldorado’s exceptional growth profile
- Pro-Forma Company to generate sector-leading free cash flow and profit margins
- Long-life assets with near-term organic expansion and scale
- Diversifies portfolio with addition of a project of Canadian national importance
- Dan Myerson to join Board of Directors
By bringing together two high-quality, fully financed development assets – Skouries in Greece and McIlvenna Bay in Saskatchewan, Canada – which are both on budget and on schedule to achieve commercial production in mid-2026, the combined company will offer a clear and compelling re-rate opportunity. With a diversified asset base anchored in Canada and a peer-leading exploration pipeline, the combined company is designed to generate resilient, long-term cash flows capable of self-funding sustained growth.
Original post earlier today –> https://goldtadise.com/?p=688365
Well, what did I tell you? Charts tell a story if you are listening!!