I-80 Gold Corp T.IAU

RE:RE:RE:RE:Another Failing Grade for AlwaysLong683

[Angelique01]

metalhead666 wrote: I don't see that in any news release.  If it's so then I don't know why given that they currently have available 800 million and only need 650 million.  They've locked in prices for just about everything....equipment leases, contractors, the camp and early works are largely done already.  I'll never say never as I don't trust a single person in this business but I see no reason for any equity dilution until year 5 when they go to phase 2.  Phase 2 should be covvered by cash flow and I won't own it that long anyway.  The only possible thing could be accelerating directly to phase 2 and upsizing everything now. That's possible but you would get a significantly larger mill and production profile if they went directly to phase 2 now.  That wouldn't be a bad problem to have given a boost to over 400k ounce per year...might actually be smart...get it while the going is good.

Short form base shelf prospectus for Artemis  issued in March 2023 for $400M has effective period of 25 months.  How can one invest in a company and not be aware of such a material fact? Guess they don't publish such info in Zerohedge or Creditbubble. Of course it comes with the usual risk warning highlighted in bold: Actual Capital Costs, Operating Costs and Expenditures, Production Schedules and Economic Returns may Differ Significantly from those we have Anticipated.
Geez you think!!!!