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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 lumpy13on May 17, 2023 5:25pm
81 Views
Post# 35453423

RE:RE:Metalhead

RE:RE:Metalhead1.  As I noted on the SKE site, the fact that Walter sold $350k of shares in early May at a price 1/3 higher than the PP looks bad.  

2.  Yes, there were no warrants in the PP but the discount as unusually large. SKE is down 28% in 2 weeks!

3.  But, I agree that there is usually a negative over reaction to PPs and I think this was the case with SKE as the PP only increased the share count by a bit more than 10%.

4.  I increased my position today.

5.  Gold stocks are caught in a downdraft.  I also increased my position in ORE and IAU.
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