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Takeover Reports Boost European Goldfields Shares
Dec. 07, 2011 09:41AM PST
Precious Metals InvestingFinancial Post reported that news of a potential takeover bid by Eldorado Gold (NYSE:EGO) boosted share prices of European Goldfields (LSE:EGU).
Financial Post reported that news of a potential takeover bid by Eldorado Gold (NYSE:EGO) boosted share prices of European Goldfields (LSE:EGU).
As quoted in the market news:
European Goldfields, based in Whitehorse, Yukon Territory, rose 15 percent to C$11.46 before the shares were halted in Toronto. After trading resumed, the shares climbes 21% to C$12.13.
