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I-80 Gold Corp T.IAU

Alternate Symbol(s):  IAUX | T.IAU.WT

i-80 Gold Corp. is a mining company. The Company is a gold and silver producer engaged in the exploration, development and production of gold, silver mineral and poly-metallic deposits. Its operations include Lone Tree, Ruby Hill, Granite Creek and McCoy-Cove. The Company owns a 100% interest in the Lone Tree and Buffalo Mountain gold deposits and Lone Tree processing complex (collectively, the Lone Tree Project). The total land package of the Lone Tree property consists of approximately 12,000 acres. The Ruby Hill Project is an advanced-stage development project with residual heap leach production, located within the Battle Mountain-Eureka Trend. It owns a 100% interest in the Granite Creek gold project located at the intersection of the Getchell gold belt and the Battle Mountain-Eureka Trend in Humboldt County, Nevada. It owns a 100% interest in the McCoy-Cove project. It holds a 100% interest in the FAD project located along the Battle Mountain-Eureka Trend in Eureka County, Nevada.


TSX:IAU - Post by User

Post by NineLiveson Nov 14, 2022 10:03pm
215 Views
Post# 35098608

It wasn’t that long ago

It wasn’t that long agoThat IAU was trading at $3.90. Since spring the drilling results have been even more encouraging. The mining investment community needs a good story, they've been absent lately. This could be the company they embrace especially if these drill intercepts continue. Sticking with my initial $5 plus evaluation based solely on what's been seen and tested so far. And as a previous poster mentioned there's still 5 million short positions that have to be covered. Looking around at other valuations $5 plus is not excessive especially if the POG holds its ground.
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