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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

Post by Luke555on Sep 21, 2021 1:24pm
208 Views
Post# 33892821

GOOD NEWS/BAD NEWS

GOOD NEWS/BAD NEWS
Thank you, Garland. To be quite frank, the assay results are great – super thick intervals of good grade! Gosselin and Cote will merge into one huge open pit mine operation in one of the best mining jurisdictions in the world, with a potential ore body of 10 million ounces of gold …

The bad news is that we are dealing with a bunch of buffoons that run the company.  These so called mining executives well past their productive years and are ill-equipped to take IAMGOLD to the next level. My greatest hope is for a larger mining company that is familiar with the Abitibi gold belt and is seeking to replenish their depleting ore reserves would make an offer to buyout the company.

My number one choice has always been Agnico Eagle Mines with their dynamic leader and visionary mining executive, Sean Boyd, at the helm!! One of Agnico Eagle’s major objectives is to focus on increase gold production in lower –risk jurisdictions.  They could sell off the African operations and concentrate on the Canadian operations. Sean Boyd what are you waiting for? “Your ideal fit in right in your back-yard, IAMGOLD”.

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