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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 metalhead666on Apr 07, 2023 9:34am
177 Views
Post# 35384517

Another rate hike guaranteed...gold will drop now

Another rate hike guaranteed...gold will drop nowAnd so will I80 stock price.  If next week shows a hot CPI and PPI then "higher for longer" becomes the meme of the day again and markets and gold won't like it.

My best guess is a whole lot of nothing barring some outlier data point or event so you'll be betting on drill results for excitement or disappointment. 

Will most likely be a narrow trading environment for a month or so unless earnings which start next week take the jam out of everyone's donut which could happen

Best to kick back, enjoy Spring, collect your Tbill interest and slowly accumulate Artemis, Skeena and maybe I80 on weakness

The primary theme remains....the FED hikes until something breaks. They've cracked a few dishes but nothing big has broken yet...so the big reward...the market crash....gold to $3000 is just going to have to wait a couple more months
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