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IAMGOLD Corp T.IMG

Alternate Symbol(s):  IAG

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

Bullboard Posts
Comment by wordsouton Mar 01, 2013 11:25am
166 Views
Post# 21062238

RE: Insider Buying $7.65...

RE: Insider Buying $7.65...

The only problem here is that the options don't cost them anything. If they wanted to show faith in their own company, they'd put their money where their mouth is and purchase common shares in the open market without the use of options/warrants/ etc. That being said, two insiders, Dengler, W. Robert  and MacDougal, Craig Steven both bought  (Indirect Ownership) common shares in the last ten listings. Dengler (20K) & MacDougal 1,430. If I knew what "Indirect Ownership" meant then one could better understand Dengler's 20K purchase.

Bullboard Posts