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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 metalhead666on Apr 08, 2024 4:05pm
140 Views
Post# 35977507

RE:RE:RE:RE:Strong demand

RE:RE:RE:RE:Strong demandIt will continue to be massively diluted as they spend all that money drilling more holes.  There's still the business of the autoclave which will probably cost 400 million now.  You all got enamored over the drill results but ignored the costs to get it above the ground which will only trend higher with time.  Their fatal mistake was biting off more than they could chew. Should have developed one project and used cash flow to fund the rest instead of bagholders...but this is par for the course in gold mining. They are almost all junk and horrible bets unless you learn to harvest gains when given
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