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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 Mar 15, 2023 9:38am
167 Views
Post# 35339407

Likely hood of Stagflation

Likely hood of StagflationHigh inflation with low growth. All good if you're holding Gold. PPI numbers today showed a drop in inflation but retail sales also down. The Feds rate should remain unchanged. Expect unemployment numbers to grow in the months ahead.
if you have a big purchase to make then wait for the sales as retail/wholesale attempt to shift inventory.

Waiting for further drill results from IAU, if as good as previous ones then expect the stock to regain lost ground.
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