I-80 Gold Corp T.IAU

GLOBE SAYS

[Ridgeback]

The Globe and Mail reports in its Friday edition that National Bank Financial analyst Don DeMarco, in a research report titled Opportunity Meets Preparation in Nevada, started coverage of i-80 Gold with an "outperform" recommendation.

The Globe's David Leeder writes in the Eye On Equities column that Mr. DeMarco is touting the potential of i-80's "infrastructure paired with world-class resource." Mr. DeMarco targets the shares at $4.25.

Analysts on average target the shares at $4.78.

Mr. DeMarco says in a note: "i-80 Gold Corporation is a junior producer executing on a plan to transition to an intermediate producer, exclusively through organic growth, employing a hub-and-spoke operating model to create a comprehensive Nevada-focused mining complex.

Pursuant to its plan, i-80 is to develop its portfolio of 100-per-cent-owned mining assets in Nevada, including Lone Tree, Ruby Hill, Granite Creek and McCoy-Cove. i-80's portfolio features infrastructure with eminent optionality, highlighted by a 2,500 tpd autoclave on care and maintenance at Lone Tree and additionally a processing facility at Ruby Hill including an oxide mill and active heap leach processing. ... Our rating is based on an elevated return to target."

[goldstd69]

Are these numbers in USD or Canadian dollars????

[NineLives]

Got to be C$ all day long.

[Aurum79]

  Thing is with these analysts ratings is that they are always trying to play catch up with the markets and are almost always wrong with their calls a year out.     When gold starts to show a more discernible and convincing trend upwards, i see our little IAU blowing through a two billion dollar market cap (CAD) and at $2,500 gold, we will all be singing and dancing down the yellow