Post by
NineLives on Jun 15, 2024 11:54pm
Come to your own conclussions
But even just detailing two properties, claims, that I-80 Gold owns they're probably making up at least 80 cents to 90 cents of todays share price on paper in a real world.
Haven't even discussed Granite creek, Ruby Hill or Lone tree, Autoclave or the $120 million in cash.
These properties were touted as some of the biggest highest grade desposits in N America
Did the Gold, Silver, Zinc suddenly all melt !! Looks like it.
So what should the real, not artificial, share price of IAU be with 370 million shares outstanding and $120 million in cash, before debt ?? You decide. If bought out what would a fair share take-over cost another company ?
I have come to a conclussion, it's not going to change anything, so now I'll just zipper up and wait for this final chapter to unfold.
Comment by
dmocnik@gmail.com on Jun 17, 2024 12:03pm
Does anybody know that despite all these promising resources drilled is the stock price falling into this abyss!?