RE:BETTER DAYS AHEAD - IMG/IAGLol......Another copy and paste......So Luke, no Bankruptsy or Delisting from New York ???
Luke555 wrote: Dear Fellow shareholders:
I’ve been a long time shareholder and I believe that the company is about to turn the corner and head down the home stretch in 2023. When the company releases the fourth quarter report, “The Cote Gold Project will be in the 70% range complete and advancing well following the schedule and cost update released in the last report.
The Cote Gold mine may end up with capital costs in the 2 Billion range but you can forget about building any new mine under 1 billion dollars, those days are gone forever. The Cote Gold mine will be a leader in the mining industry as its design is being built using the latest mining technology and it will indeed be a state-of-the-art mining operation.
As shareholders, we have endured some tough and turbulent times, as did most of the gold mining companies, but I’m more optimistic about the future and the gold price. Admittedly, the share price did hit rock bottom in 2022, but it’s been climbing slowly. The naysayers and short sellers had their day now they must pay the piper. In my professional opinion, there is no way that a potential 1 million ounce producer should be priced in the CDN. $2.50 - $2.60 range. I’m not going to predict the future share price but I’m confident that it will be much higher.
Another important point, the company has some of the best exploration assets located in one of the best mining jurisdictions, the Abitibi gold Belt region. Most importantly, the shareholders are patiently waiting for the next Cote and Nelligan project N 43-1 resource report. My sources are expecting a positive report that will indicate higher reserves and increased mine life. This will be good news. Hang on and sit tight, your patience and fortitude will pay off.