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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 metalhead666on May 17, 2023 7:01pm
98 Views
Post# 35453557

RE:RE:RE:Metalhead

RE:RE:RE:MetalheadOf course it "looks" bad but he holds over 700k shares!  It's frankly amazing that they raised $64 million possibly more with the over allotment ....no small feat and that's a lot of funding.  Didn't help that all the miners are now under pressure but SKE is a 3 year proposition not a get rich quick scheme.

I've told the company of the blowback they're getting ....hopefully they will address this. When I spoke to Katie at the company she told me his sale was to cover taxes on option related stuff...I didn't look into it further as I really don't care what anyone does with their shares....I care about the project and getting it across the finish line.

Until they do something really stupid build wise this will pass.  A nice boost to the resource estimate due out shortly will put this all in the rear view mirror.

I only have 500 shares by the way....I intend to build a position over the next 2 years so this stumble means nothing to me other than allow me to accumulate at better prices.
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