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Eldorado Gold Big Buy Orders Coming Off the Dark Pool

Posted by on May 17, 2017 7:49 AM
Categories: Stocks

May 17, 2017: Eldorado Gold has multiple big buy orders coming off the dark pool today. The market did a gap down open today on news that Trump asked Comey to stop the investigation into his Russian connections and then fired him when he didn’t. The odds of a successful Trump impeachment are up. Big firms are trying to hide their Eldorado Gold buys through the use of dark pools.

A lot of gold and silver mining stocks are being through the dark pools today. The gold and silver stocks I’ve seen trading through dark pools today are: HL, ABX, USLV, and IAG.

The three month change in institutional ownership is +0.89%.

Eldorado Gold Stock Chart

Below is a screenshot of some of the dark pool orders in EGO on May 17, 2017:

Eldorado is a leading low cost gold producer with mining, development and exploration operations in Turkey, China, Greece, Romania and Brazil. The Company’s success to date is based on a low cost strategy, a highly skilled and dedicated workforce, safe and responsible operations, and long-term partnerships with the communities where it operates. Our two operating gold mines are in Turkey. We also operate a silver-lead-zinc mine in Greece. Our diversified portfolio includes flexible development options from five projects. We are known for operating successfully in non-mainstream jurisdictions. We strategically invest in under-explored, highly-prospective areas that provide organic growth potential and access to high quality assets. Our flagship mine, Kisladag, is the largest gold mine in Turkey.