Interview with ELD CEO Paul Wright
Eldorado Gold Corp. shares soared 65.5 per cent to $9.65 in 2008 making it the top performer on the S&P/TSX composite index, while in a year most commodity prices get slaughtered.
Gold managed to hold its own closing at $884.30 (U.S.) an ounce, up from $838 a year ago. Yet bullion is still well below its peak of $1,032 an ounce it reached in mid-March as the credit crisis took hold.
Gold producers accounted for five of the top 10 companies on the S&P/TSX. The other five were Alamos Gold Inc. (up 58 per cent), Kinross Gold Corp. (23 per cent), Red Back Mining Inc. (21 per cent) and Agnico-Eagle Mines Ltd. (15 per cent).
Friday, January 2, 2009
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