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.

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IAMGOLD Corp

Bullboard Posts

Post by newcomer21on Feb 13, 2015 9:57am

166 Views

Post# 23426121

You have to wonder what is up

IF cash is king, IMG should be rising as a preferred stock. One year ago, IMG was a darling and has now become quite unloved. Looks like another contrarian buy so I am back in with an average cost of 2.85. Hoping for a pop back to 4.00 in short order but I have to admit there is something unusual about this stock and the way it fails to move with the price of gold.

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