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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

Comment by AlwaysLong683on Mar 15, 2023 8:11pm
70 Views
Post# 35341422

RE:RE:RE:Want I80 to go up? DO SOMETHING!! Write them!

RE:RE:RE:Want I80 to go up? DO SOMETHING!! Write them! I see what you're getting at now..

I think EQX did need money, but perhaps only enough to sell about 5% of their stake in IAU, and least for the time being. Just because they sold 5% doesn't mean they need the proceeds from the other 19.97% anytime soon, unless IAU is willing to pay EQX a very large premium to say, the 30-day weighted-average share price of IAU or something along those lines...?.....then it might get interesting. Also, like I stated before, the 19.97% remaining is an interesting number. If memory serves, I believe if an entity drops below the 20% threshold, they are not longer considered an insider and may sell more shares without public disclosure, just llke you can sell your shares without issuing a formal press release or having it appear on SEDI.

As far as your consipracy theory about the banks / other underwriters go, that would be illegal, right? What bank / other underwriter would risk that black mark on their name and the penalties associated with it in order to make a few more bucks that would be a rounding error to their annual revenue....?


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