IAMGOLD Corp T.IMG

Alternate Symbol(s): IAG

Metals & Mining Gold

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. The Company’s principal activities are the exploration, development and operation of gold mining properties in North America and West Africa. Its projects include Côté Gold, Essakane, and Westwood. The Côté Gold Mine is a large-scale, generational open pit operation located between Sudbury and Timmins in central Ontario. The Essakane project is West Africa’s 6th largest gold mine located in Burkina Faso (West Africa) approximately 330 kilometers northeast of the capital, Ouagadougou. The Westwood Complex includes the high-grade underground mine and satellite open pits located near Rouyn-Noranda in Quebec. The Company also owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau, Quebec, Canada.

TSX:IMG - Post by User

IAMGOLD Corp

Bullboard Posts

Post by goldishon Mar 12, 2009 11:59am

129 Views

Post# 15839572

Gold Bounce Off Support and Move Higher

Gold Should Bounce Off Support and Move Higher

by: Jeff Pierce March 12, 2009 |

Barrick Gold (ABX) is performing considerably better than the TSX, but is under-performing GLD (gold etf). If my analysis of gold is correct it should bounce off support and move higher from these levels. You’ll be safe in ABX as a rising tide should lift all boats, but in my view there are stronger gold stocks out there likeAZK, EGO, GOLD, HMY, IMG, RGLD. I started a position in RGLD yesterday, but was to distracted by the overall market to do to much with gold yesterday.