Raffles Associates’s Eldorado Gold EGO Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-500,000	Closed	-$715K	–	41
2017 Q4	$715K	Buy	+500,000	New	+$715K	0.75%	29
2016 Q1	–	Sell	-250,000	Closed	-$743K	–	47
2015 Q4	$743K	Sell	250,000 -250,000	-50%	-$743K	0.9%	29
2015 Q3	$1.61M	Buy	+500,000	New	+$1.61M	1.69%	21
2015 Q1	–	Sell	-613,385	Closed	-$3.74M	–	58
2014 Q4	$3.74M	Hold	613,385	–	–	3.55%	8
2014 Q3	$4.13M	Hold	613,385	–	–	3.66%	8
2014 Q2	$4.69M	Sell	613,385 -200,000	-25%	-$1.53M	3.78%	8
2014 Q1	$4.53M	Sell	813,385 -200,000	-20%	-$1.11M	4.52%	5
2013 Q4	$5.74M	Buy	1,013,385 +100,000	+11%	+$567K	5.99%	2
2013 Q3	$6.16M	Buy	913,385 +50,000	+6%	+$337K	5.72%	2
2013 Q2	$5.35M	Buy	+863,385	New	+$5.35M	5.56%	2