Eldorado Gold Corporation Ordinary Shares (EGO) Social Stream



Eldorado Gold Corporation Ordinary Shares (EGO): $16.03

0.15 (+0.94%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Miners - Gold

Industry

C

Ranked

#15 of 43

in industry

Featured Post From StockTwits About EGO

$EGO another uninspiring earnings report and business update by Eldorado......AISC way up, updated Greece EIA delayed until Q4 2021, Lamaque PEA delayed until Q2 2022, finally addressing Olympias performance issues with a transformation plan.

The only expectation that they exceed is how fast they can dig the tunnel from Sigma mill to Triangle deposit.

For this (lack of) performance, Burns pay himself $4.7M in salary, bonus, and stock. Yee gets $2.0M, Dick / Cho $1.9M each. Imagine being the chief strategy officer for "the gang that couldn't shoot straight" and getting paid $1.9M per year. WTF

If you are a shareholder, go to page 61 of the 2021 Mgmt Proxy Circular and look at their corporate goals and how they justify paying themselves like this. Also, go to their website and look at all of the recently added senior management positions.

Shameful.
chivo12, published July 30, 2021

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