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News Breaks
08:58 EDTEGO
theflyonthewall.com: Eldorado Gold volatility low as gold trades above $1168
Eldorado Gold closed at $13.63. Gold is recently up 0.28% to $1168 according to Bloomberg. EGO December option implied volatility is at 50, January is at 54; below its 26-week average of 61 according to Track Data, suggesting decreasing price movement. :theflyonthewall.com



News For EGO From The Last 14 Days
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February 8, 2010
20:11 EDTEGO
theflyonthewall.com: Jim Cramer's "Mad Money"
Jim Cramer said, "The semiconductor stocks are back." They now have both cyclical and secular growth trends going in their favor, and the analysts haven't even noticed it yet. Cramer said he poured over the conference calls of dozens of semiconductor stocks over the weekend, and company after company delivered blowout earnings that were just too large to be written off as strength from a recovery global economy. He said the semis are clearly benefiting from both the cyclical economic trend as well as a long-term secular boom in digital gadgets, from cell phones to e-book readers and from smart electric power to smarter cars. Cramer said the analysts are dismissing the trend as routine growth, which is a mistake, and an opportunity for investors to get in ahead of the curve. Cramer said clearly that he doesn't care which semiconductor stock investors choose, as long as they choose at least one for their portfolio. Cramer interviewed Rep. John Sullivan (R., Okla.), about his efforts to bring natural gas into the mainstream of America's energy policy. Sullivan shared Cramer's view that natural gas needs to be the bridge fuel for America to ween itself from foreign oil until alternative energies like wind, solar and biofuels can come into fruition. Next, Cramer said, investors could've seen the earnings beat at toy maker Hasbro (HAS) coming, if they had been paying attention to the company's dividend boost last Thursday. Cramer explained that nothing shows a company's strength more than when it boosts its dividend. Hasbro is a lot more than just Monopoly, Cramer told viewers. That's why he recommended the stock on July 19 and is up 38% on that recommendation. Cramer said with several blockbuster movies like Iron Man 2 and Toy Story 3 on the horizon, Hasbro should continue to deliver the stock, and dividend, growth investors are looking for. MAD MAIL: Cramer told a viewer that Mattel (MAT) is not as good as Hasbro, but it's a good company. Cramer told another viewer that he's still a believer in Apple (AAPL), but he did lower his price target on Google (GOOG) because of the company's friction with China. Cramer told a third viewer that he does not like Atmel (ATML) as much as rival Skyworks Solutions (SWKS). Cramer told a final viewer that Nucor (NUE) remains his favorite steel stock and he'd continue to stick with it. LIGHTNING ROUND: (Bullish) NKE; GLD; EGO; GILD; V; CHD; CLX; CL; POT; TNH. (Bearish) SSRI. Reference Link :theflyonthewall.com

February 2, 2010
12:33 EDTEGO
theflyonthewall.com: Eldorado Gold upgraded to Buy from Neutral at UBS
:theflyonthewall.com

January 29, 2010
05:18 EDTEGO
theflyonthewall.com: Eldorado Gold operating guidance for 2010 and an outlook for 2011
Paul N. Wright, President and CEO commented: With a year end balance sheet that includes approximately $315M cash, the Company will continue to be financially strong through its period of growth. "The Company in 2010 will continue to focus on meeting or exceeding its stated mine operating objectives, completing on schedule the construction of its Efemcukuru and Eastern Dragon projects and continuing the permitting of its Perama Hill Project. With a budgeted $35M exploration program which includes in excess of 125,000 metres of drilling in the year we fully expect continued expansion of the Company's high quality reserve and resource base." Production and cash costs in 2010 are planned to be in the range of 550,000 - 600,000 ounces of gold and $385-$400 per ounce respectively. The outlook for 2011 includes continued increasing production to 790,000 - 860,000 ounces of gold with a reduction in costs to the $315-$325 per ounce range. :theflyonthewall.com