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 > Hedge Funds Must Be Crazy Buying IAMGOLD Corporation?

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Comment by StewartCatsoon Jul 22, 2021 9:56am

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Post# 33587179

RE:Hedge Funds Must Be Crazy Buying IAMGOLD Corporation?

This is IMG the stock that sucker you in because it looks to good to be true.

These hedge funds (if long) need to force the boards hand and sell off this company. The assets are sub-par and the one thing going for them is a decent balance sheet. The balance was excellent, but once all the write-offs hit, it will reflect a better picture of true worth. This company is at best worth $4.25 CDN. when sold.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?