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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

Comment by TuTomekon Aug 06, 2021 1:48pm
154 Views
Post# 33664123

RE:NO-FREE PASS - CEO/BDO

RE:NO-FREE PASS - CEO/BDOhowie wrote on Yahoo Finance:

I have been sending emails to the first 4 institution holders repeatedly and asked them to look into the performance of the company and its management. I will keep doing it until the company is sold. You should do it if you want to help yourself.
https://ca.finance.yahoo.com/quote/IAG/holders?p=IAG


Luke555 wrote: Let’s get one thing straight; despite all the shenanigans going on at the Head-Office, I firmly believe that IMG has valuable strategic assets and some of the best mining exploration properties in the gold mining sector.  In fact, I purchased more share this morning in the low $3.00 dollar range.

It’s the performance of the management executives (charlatans) that are running the company that I’m not pleased with. I want them to be held responsible and accountable for decimating the share price because this could have been avoided if they had supported the stock! Has many of you have clearly expressed; the sub-performance of the CEO/BOD should not be rewarded with a free pass!  That’s not how our free enterprise system is supposed to work.

As a long term shareholder, I’m all in and I’m still optimistic that we are going get through this difficult period and I’m still expecting a big upside in the price of gold over the next few months because of the seasonality factor.  “Be patient, Sit tight and BE right!!

TD Investment Conclusion: We are maintaining our BUY recommendation and our target price of C$6.00.
 




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