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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 Buckfinderon Apr 11, 2023 8:16am
187 Views
Post# 35388034

news flow

news flowi-80 Gold had a newsflow approx. every 2 weeks regarding new drill results, but stopped it since 3 months.
The decision is very clear: the news would not have the effect in the acual surrounding (PP, shorts, paycore etc...), so the shorts are now at 16 mIo. (alle their shorts were perfectly absorbed - I bought more at 3 after 2,4 resp. 2,6 cad) ) and after paycore transaction at the latest one NR after the other will reach the market (in a climbing POG scenario)... then we have the full effect of the short covering. So the timing - although sad at the moment - is perfect.
The NR that 238 mio. ist necessary to make the autoclave full running is nothing astounishing but the usual CAPEX of EVERY mine... what a surprise ??! :-)
Looking forward to many many many good news after the paycore transaction is finished at the latest and happy easter to all the shorts 

GLTA
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