Aug 26

Eldorado Gold is a Canadian gold mining company. It has operations around the world.The company stock is listed in NYSE.

Eldorado Gold Competitive advantages

The only North American mineral operator with mines in China. Which places it at a strategic position to take advantage of the booming Chinese economy.

The company has low cost strategy, Eldorado aims to keep the costs of mining, processing, transport, and selling around $375 an ounce.

When you think about that low cost strategy, gold could fall dramatically from its current heights around $1200, and Eldorado would remain profitable.

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