RE:RE:RE:RE:BUY BUY BUY! not.....I'd wait for a pullback but you're correct.....I80 is going to drill themselves broke this year, need to go to the market again, needs many tens of millions to even begin generating meaningful cash flow and it will take years to get to the potential many envision.
Better IMHO to buy and hold Artemis or Skeena where in the case of Artemis the project is fully funded and under construction and with Skeena you have the best feasibility study I've ever seen even if they're 3 years from a first pour.
At least there is a clear path to production in both these cases and in the case of Artemis, massive cash flow in under 18 months with none of the underground mining risks or massive dilution from drilling 1000 meter holes at $200 per meter
All 3 have takeover potential but I think Artemis is the most likely given its 20+ year mine life and managements history of building and selling projects