RE:IMG/IAG SHARE PRICE TRENDING UP AS EXPECTEDSo now is the time to buy ??? Not when it was going bankrupt at $1.50 ?? Keep up the good work !!
Luke555 wrote: Further to my previous posting, I forgot to mention that according to the third quarter report, the Company expects that annual production will exceed the top end of the previous guidance range of 570,000 to 640,000 ounces and is revising guidance upwards to 650,000 to 705,000 ounces. This is indeed very good news for the company’s last quarter report of 2022. Moreover, it would be great, if the company would provide an up-dated N1-43-101 resource report on Cote Gold and Nelligan project. Then you would see some fireworks.
I haven’t forgotten about the short sellers. There’s an old adage, “The trend is your friend”. I’m certain that most shareholders have noticed lately that the IMG/IAG share price has been trending higher which is a good indicator for the future share price. I strongly believe that the party is over for the naysayers and short sellers. At this stage, they are probably in denial, but they will have no choice but to buy and cover at much higher prices. My indicators are predicting a massive short squeeze is coming. Look out down below…It’s going to be interesting to watch how this spectacle plays out in 2023.
Shareholders, if you have waited this long, buckle-up, sit tight and enjoy the ride in 2023. My scenario will hasten, if the gold price takes off. Whatever you do, don’t sell your shares at these low prices. Please do your own due diligence.