Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 iwasgoldon Jun 25, 2013 7:44am
197 Views
Post# 21571169

Falling knives

Falling knivesWell Mr. Letwin I see your ability to guess the future direction of the share price of IMG continues to disappoint us all. Really, as the CEO you should stop displaying your ignorance for all to see so publicly. First you bought in the 15's...remember those days? Surprisingly that was still AFTER you blew 600 million on Cote hole. And why did you use cash only? I am dying to know. Just between you and me, you can post it here....By the way, how does the Chairman of the Board feel about a paper loss now accumulated of over 60 million on his own shares?  Does he still smile at you at board meetings, or are the strain lines showing around the corners of his mouth? Anyway,, and then  you bought in the high sixes. Didn't that seem like a good time, with the share price so beaten down? And don't they seem like the goold old days now? Because you bought yet more in the high four's. And true to form, the share price fell EVEN more.  Here's a tip - stop buying!! Give the share price a chance.  And stop just talking about capital preservation AND DO SOMETHING ABOUT IT!  Cancel the dividend for example. In this irrational market WHO CARES about it? Keep the cash and use it for something useful. For example at current prices you could buy ten million of your own comnpany's shares. You could buy a mine! Probably a whole company! Anyway, time to go and enjoy the pleasures of Kamloops. Have a good day Steve and try not to think about the stock market. It can stay irrational longer than we can stay solvent, as many people love to point out.
Bullboard Posts