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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 Jul 12, 2023 11:22am
53 Views
Post# 35537450

RE:Inflation lower than expected

RE:Inflation lower than expectedThere could be a sustained move up in gold but there's no such thing as "momentum" in stocks..."momentum" is a physics term that applies to physical objects in motion.  One fly in the ointment is this rally in stocks and drop in the $ sets the seeds for more not less inflation. OIl over $80 now with all commodities taking off.  We live in a time of no solutions....action/reaction.  The fall in CPI results in a surge in PPI and a FED that will have to react to it.  So I think this is a good trade set up but until the actual economy is in the ditch we won't see a long term rip your face off rally in gold or miners...just a nice trade for sure
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