RE:RE:BLACK FRIDAY STOCK SALE IS OVER-NI 40-101 RPT OUTHave faith shareholders, the report validates all the speculation that has been put forward about the size and ore content of the CT gold /Gosselin project.
For example, I extrapolated the following comment from the report, “Production is forecast to average 489,000 oz per annum for the first five years of an 18 year mine life. In addition to the Ct deposit, this Technical Report describes an initial Mineral Resource estimate for nearby Gosselin, which represents potential for additional mine life for the Project.”
IMO, IAMGOLD will be in excess of a 1M oz. gold producer and you can take that as a factual statement.
IMO, it’s been my experience in the mining industry these updated results may be the tip of the iceberg because the company will continue to perform exploration drill and hopefully discover additional mineralized zones and extend the size and life of the ore body++++ IAMGOLD is indeed sitting on a massive ore body and no one knows just how large it really don’t is??
NOTE:
I’m not a stock promoter but a long term shareholder. My comments are always intended to be strictly informational and are NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own before considering any level of investing in stocks.