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 terryshanon Nov 12, 2014 5:48pm

200 Views

Post# 23122290

RE:IMG misses by 0.04$ EPS

Loss were primarily de-recognition of income tax asset, so income tax was $70mm for the quarter...

I'm thinking cash is up, cost is down, production stays within guidance and westwood project looks good now... also further reduction in cost planned for 4th quarter. IMG is on a good track, however with gold prices continue to drop and strenghtening in $US, IMG is probably not going to rocket, but I don't think its going to drop

anyways, if i'm dead wrong, and IMG drops sharp, I'd buy some

Bullboard Posts

Geologica Resource: Polymetallic upside at a depressed price