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I-80 Gold Corp T.IAU

Alternate Symbol(s):  T.IAU.WT | IAUX

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 metalhead666on Apr 11, 2023 5:06pm
39 Views
Post# 35389427

RE:RE:RE:Another Failing Grade for AlwaysLong683

RE:RE:RE:Another Failing Grade for AlwaysLong683I don't see that in any news release.  If it's so then I don't know why given that they currently have available 800 million and only need 650 million.  They've locked in prices for just about everything....equipment leases, contractors, the camp and early works are largely done already.  I'll never say never as I don't trust a single person in this business but I see no reason for any equity dilution until year 5 when they go to phase 2.  Phase 2 should be covvered by cash flow and I won't own it that long anyway.  The only possible thing could be accelerating directly to phase 2 and upsizing everything now. That's possible but you would get a significantly larger mill and production profile if they went directly to phase 2 now.  That wouldn't be a bad problem to have given a boost to over 400k ounce per year...might actually be smart...get it while the going is good.
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