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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 18, 2013 1:59pm
196 Views
Post# 21146337

RE: RE: ANONYMOUS AT IT AGAIN

RE: RE: ANONYMOUS AT IT AGAIN

Ya cashtango, you're probably right.  Their partner, Votorantim, with the other 50% ownership, is only the second largest mining company in Brazil and therefore couldn't possibly interested in little junior partner with 85-90 million shares outstanding who holds the other 50% in a 3.5 billion dollar open pit mine which is still in the process of expanding its resource.

What ever even made you look at such a mini junior like ELN?  It's always interesting as to why some traders take such an interest in stocks that they report so negatively on, that is of course unless they bought early and expected a triple in a week or so. IMO

Bullboard Posts