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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 rdy2rumbleon Jun 13, 2023 12:38pm
103 Views
Post# 35493972

RE:RE:RE:RE:Skeena is dropping…

RE:RE:RE:RE:Skeena is dropping…
AlwaysLong683 wrote:
"...where are the costs for IAU?"
 
1) Where are the proven and probable reserve numbers for any of their new projects?

2) Still doing exploratory drilling and assaying on their properties, which costs money.
 
3) Still haven't completed preliminary economic assessments on their projects, never mind a pre-feasibility study or feasibility study to get an estimate of the economic viability of a given project.
 
4) Loan Tree: estimated cost for the retrofit of autoclave: Over $200M
 
5) Ruby Hill: Cost of mill retrofit?
 
6) Other infrastructure costs such as creating roads / accessibility to Ruby, Blackjack, Hilltop, etc. etc.

 
 

For me the difference is that IAU may go higher moving forward, versus Skeena moving higher without a doubt... Write both stock prices down today and revisit this conversation around Halloween to see the rest of the story... 
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