The company also announced revised guidance for 2019 and beyond. It now expects to produce between 390,000 and 420,000 ounces of gold equivalent with all-in sustaining costs of between $900 and $1,000 per ounce. Even more encouraging are its 2020 estimates, which call for 520,000 to 550,000 ounces of gold equivalent at an all-in sustaining cost of $800 to $900 per ounce. With gold prices currently north of $1,300 per ounce, it would appear that Eldorado is well positioned to earn some hefty operating profits in the coming years.