I-80 Gold Corp T.IAU

Sub $2 again !!

[NineLives]

Well I was wrong, really thought we had shaken that $2 level yet here we are again. Someone really putting pressure on this stock. Paranoia would dictate that it's a major playing it down ahead of a buyout, but I'm not paranoid, so looking for logical answers why IAU would give up gains as Gold ($2,053) remains very steady. SMH.

It appears even now with metal prices at profitable levels and great results coming in not just from IAU but many others but still continuous pressure on miners. Have seen this happen before but generally not this prolonged. Is it possible the growth in shares issued has now reached such a high as fresh financing was required that many stocks will struggle to gain traction in this sector ?

[Ridgeback]

Look on the bright side especially if one intends to increase holdings? This applies pretty well to all mining stocks like IAU. Perhaps when the announce the results of the J.V. plan if its a success the share price may move????Looks like Cormark is the only one getting it right with prdictions? 02.05.24 Buy (; Maintained DON DEMARCO

[goldstd69]

the gold miners just can't get traction...low relative to the price of gold and to the DOW....IAUX turns out awesome numbers month after month and the shares sell off after each amazing news release....in my 40 years investing in gold miners I have never seen this weak price action...I own a few shares of IAU but am leary we may head lower again....I am nibbling at the oversold Lithium miners.