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
Comment by toppgunnon Jun 30, 2020 1:38pm
113 Views
Post# 31208759

RE:RE:RE:HOT GOLD MARKET

RE:RE:RE:HOT GOLD MARKETI agree totally and gold is finally starting to see some good upside after the last few weeks.  It just makes total sense to hold these stocks if believe in the long term outlook.  

I expect gold to do well over the next couple of years, but would not the bet whole farm on gold just 10% of portfolio is a safe bet.  I've been trading gold stocks over the last 20 years and there are good and bad cycles.  You want to be in the good cycle which usually shows lots of upside.  Bad cycles like late 2012 to 2018 were not good years overall for gold with lots of consolidation and share roll backs in the juniors.  My opinion with all the lean years previously with reduction of companies, and upside in gold price should leadto higher share prices in gold producing companies.  The companies that made it through this last bad cycle as mentioned are going to be rewarded.  
Bullboard Posts