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.

TSX:IMG - Post by User

IAMGOLD Corp

Bullboard Posts

Post by shambanoon Sep 19, 2007 3:52pm

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Post# 13429230

IMG TAKEOVER IN THE CARDS

At least that's how I see it occurring in the next 6 months. Mid-tiers gold producers are disappearing quickly from TSX and IMG is going to be next IMHO. It makes sense, very little debt, gold bullion in storage, new exploration success with drill bit, new mines and extensions of old mines. IMG is one of the cheapest valued mid-tier gold companies and I think there will be a hostile takeover attempt very soon. I'm not sure if they have a poison pill but if they are smart they had better hurry up and institute a poison pill. See you in the 10-11 range very soon, but do your own DD. Cheers and GLA

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario