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I-80 Gold Corp T.IAU

Alternate Symbol(s):  IAUX | T.IAU.W

i-80 Gold Corp. is a mining company. The Company is a gold and silver producer engaged in the exploration, development and production of gold, silver mineral and poly-metallic deposits. Its operations include Lone Tree, Ruby Hill, Granite Creek and McCoy-Cove. The Company owns a 100% interest in the Lone Tree and Buffalo Mountain gold deposits and Lone Tree processing complex (collectively, the Lone Tree Project). The total land package of the Lone Tree property consists of approximately 12,000 acres. The Ruby Hill Project is an advanced-stage development project with residual heap leach production, located within the Battle Mountain-Eureka Trend. It owns a 100% interest in the Granite Creek gold project located at the intersection of the Getchell gold belt and the Battle Mountain-Eureka Trend in Humboldt County, Nevada. It owns a 100% interest in the McCoy-Cove project. It holds a 100% interest in the FAD project located along the Battle Mountain-Eureka Trend in Eureka County, Nevada.


TSX:IAU - Post by User

Comment by Foshay61on May 05, 2021 7:44am
152 Views
Post# 33130468

RE:RE:Nothing spells success...

RE:RE:Nothing spells success...Equinox is definitely a buy at current levels.  I am taking a wait and see approach with I-80.  I am hopeful that Ewan has learned from his past mistakes and becomes a little more frugal with I-80.  I see 5 senior management personnel listed for I-80.  I sure hope they are not each pulling in $1 million plus like they were at Premier.  I-80 is essentially an exploration play, after all.  Yes, I realize they have South Arturo, But I-80 is essentially collecting a dividend there while Barrick/Newmont are the actual operators.  So 5 senior managers for an exploration play is a bit much in my books.  Ewan needs to learn that it would serve all shareholders better (including himself) by showing some frugality, and delaying extravagent bonuses until the share price has actually attained some long term appreciation.  Otherwise this group will just be seen as pigs at the trough again.
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