IAMGOLD Corp T.IMG

Alternate Symbol(s): IAG

Metals & Mining Gold

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. Its principal activities are the exploration, development, and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. It owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau. It holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec. It also owns Rich Lake and Lac a l’Eau Jaune (gold) properties.

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IAMGOLD Corp

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Comment by shambanoon Aug 23, 2007 12:08am

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Post# 13287935

RE: Ecuador project 16% of company

IMG's Ecuador project is not even priced into this stock at current prices. If it were IMG would be trading between 10-11, so who cares when IMG is at 7.75. If Ecuador allows open pit mining in certain areas and in IMG's proejct in particular, we might see a good move in share price, just because the uncertainty is over, but for now I don't expect any harm to come to IMG's SP from this article. cheers and GLA

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