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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 toppgunnon Jul 26, 2020 5:44pm
132 Views
Post# 31321387

RE:IMG - CHANGE IN MANAGEMENT

RE:IMG - CHANGE IN MANAGEMENTI agree with your comments totally.  The share price should be significantly higher than 6.55 with 1900 gold.  Many gold companies have trended significantly higher than IMG over the last year and IMG has simply been a laggard in comparison.   A few companies for comparison would be AEM, ELD, K, YRI which are listed on the composite index.  This run in gold is not going to last forever and probably a bull run of of a few years is what I'm forecasting.  IMG needs to make hay when the sun is shining.  It has been a pathetic performance even though the trend has been upwards over 2020.  The 1st quarter was not as good as expected considering price of gold and in fact IMG lost money.  There needs to be a better management and director team in place to propell this stock instead of them lining their pockets.  
Bullboard Posts