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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

Comment by toppgunnon Mar 03, 2021 3:35pm
144 Views
Post# 32707389

RE:RE:GOLD shorts are

RE:RE:GOLD shorts areTo be determined whether IMG can start to trend up positively.  This gold sector is the most puzzling to me as would of never expected gold companies to be trading near their 52 week lows for the year or even historically their lows.  I recall a year ago and looking at companies to buy during the worst of the markets, whereby thinking gold companies would be a good investment.  With that said, gold sector has been one of  the poorer performers overall.  Fortunately, best to diversify as can't predict the future.  Anyways, probably at the lows and should see some upside going forward.  IMG at 3 dollars is historically close to rock bottom prices in comparing the last 20 years.  What can IMG directors and management do to improve this stock price?  I'm sure stock price is important to the company or maybe not apart from big fat paychecks.  .  
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