Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Angelique01on Apr 12, 2023 5:25pm
63 Views
Post# 35391631

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

RE:RE:RE:RE:Another Failing Grade for AlwaysLong683
AlwaysLong683 wrote:
"Then why do a short form prospectus for $400M if no need for financing. It looks to be additional dilution coming soon."
 
Angelique, maybe for the same reason the "self-funding" IAU issued its own $200M short-form prospectus on June 30, 2022, then later, an "amended and restated" $200M short-form prospectus on September 30, 2022 for the same 25 month period as ARTG.
 
Since then, IAU issued $65M USD in secured convertible debentures at an interest rate of 8.00% maturing February 22, 2027 (PR dated February 22, 2023), so they've still left themselves $135M in additional financing room until October 31, 2024, so let's see how the "no more financing needed" goes for IAU as well.
 
I suggest you do your homework on your own company and think before you post.
 

Suck it up buttercup.

Is there an actual point you are trying to make or are you just babbling incoherently?
Yes IAU filed a short term prospectus for $200M in 2022 which allowed them to issue $65M convertible debentures in 2023. So what!!  

Artemis filed a $400M prospectus which means dilution will be happening over the next 25 months not necessarily for the full amount but certainly for some portion thereof.  The question is why if they are supposedly fully financed.

Leave the thinking to those more qualified. 



<< Previous
Bullboard Posts
Next >>