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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

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Post by marketdivaon Aug 26, 2022 2:35pm
299 Views
Post# 34923197

Sitting target why would ceo come here

Sitting target why would ceo come here Just sell the co to a big gold co that has the liquidity to take the new mine into production .... as I posted earlier ....bottom is likely next year sometime when fed pivots 

too many headwinds / costs of capital going up / interest rates / fed / market likely gonna set new lows over the next fall /spring ... and input costs might stay "sticky " all affecting the bottom line .... when it rains it pours 
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