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IAMGOLD Corp T.IMG

Alternate Symbol(s):  IAG

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

Bullboard Posts
Post by bendmeoveron Feb 12, 2013 11:34am
230 Views
Post# 20974732

who is shorting / trading this

who is shorting / trading this

is it on the American EXCHANGE? ............. this has ploughed through 8.78 twice in the last two days on the tsx market depth.........cleared out most of the asks up to 8.90 and wham some one hits it down to 8.70 again  . ...............then 20 and 30 thousand share asks appear again staggered out 1 to 4 cents above bid  .......... why would you sell if you are investor , getting a 3% divvy 

 

 there probably is very few people in this below 8.50 ......sitting a 52 week lows , so why sell ........are their results on the 20 th containing something we dont know about ?

been doing some checking and have confirmed Van Eck and Blackrock own 27% of this company .i guess they can do what they want with the share price in the short term ......... im sure they are stinging a bit ..........nobody seems to want gold stocks right now at all ...will this be the trend ?  if it is these big funds are down a pile on Iam and lots of other gold stocks ..... how will they recoup

 

Bullboard Posts