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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
Comment by HonestAbeon Feb 21, 2013 11:12am
177 Views
Post# 21022591

RE: here it comes kids (2)

RE: here it comes kids (2)

It's okay to be long here at C$7.50 or less only if you plan on trading this entry.  I agree that the bottom is not in yet since the target is in the 6's still.  For this bounce rally you should gun for C$8 or possibly low C$8's if you can get it and I would not let a short term profit turn into a loss if the rally fades quicker than expected which would not be surprising.  GLTA.

Bullboard Posts