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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 kbradleyon Jan 29, 2015 6:57pm
143 Views
Post# 23379858

RE:RE:RE:RE:IMG shares worth 1.00

RE:RE:RE:RE:IMG shares worth 1.00br />Well might not be all that crazy when you think oil was $110 per barrel a year ago, now $45. Currencies, where a big move of a cent or two over the course of a year would be a bold change...now we see that in an afternoon. The markets are so highly levered now that once things get in motion.. and in the case for gold if we ever reach that shortage where settlments can't be reached with physical metal...it might get crazy. That being said and correct me if I am wrong, the Comex has put in place a safeguard where if we have $100 moves in the price of gold(only up, not down) they will halt the trading. Interesting that was passed recently, they will do there best to keep the price surpressed. They simply change the rules to serve them best; perhaps if we calculated unemployment the old fashion way...let's just say the U.S. isnt at 6% unempleyment...they are missing the first number which would be a 2_%. Something is going to hit the fan, just not sure when.
Bullboard Posts