Workflow
EGO Investors Have Opportunity to Join Eldorado Gold Corporation Fraud Investigation with the Schall Law Firm

Core Viewpoint - The Schall Law Firm is investigating potential securities law violations by Eldorado Gold Corporation, focusing on misleading statements and undisclosed information related to the Skouries Project and its financial implications [1][2]. Group 1: Investigation Details - The investigation centers on whether Eldorado issued false or misleading statements and failed to disclose critical information to investors [2]. - A press release from Eldorado on February 5, 2025, provided updates on the Skouries Project, including production and cost guidance, indicating labor market tightness in Greece has delayed construction progress [2]. - The company now expects first production at Skouries in Q1 2026 and commercial production by mid-2026, with a revised capital cost estimate increasing by approximately $143 million (15.5%) to a total of about $1.06 billion [2]. Group 2: Market Reaction - Following the announcement of the revised project timeline and cost estimates, Eldorado's shares fell by 11.27% the next day [2].