Independence Gold Corp V.IGO

Alternate Symbol(s): IEGCF

Metals & Mining Industrial Metals & Minerals

Independence Gold Corp. is a Canada-based mineral exploration company with holdings ranging from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon. The Company's projects include 3Ts Project, Boulevard Project, and Moosehorn Project. The 3TS project is located approximately 185 kilometers (km) southwest of Prince George, British Columbia and situated 16 km southwest of Artemis Gold Inc.'s Blackwater Project. The 3TS project consists of approximately 8,840 hectares and 17 claims. The 3Ts Project is comprised of the Tsacha, Taken, Tam, Tommy, Bot and Blackwater South properties. The Boulevard project is located approximately 135 km south of Dawson City, 35 km south of the Golden Saddle Project. The Boulevard project consists of approximately 19,960 hectares and 958 claims. The Moosehorn project is located approximately 133 km southwest of Dawson City. The Moosehorn project consists of approximately 1,720 hectares and 82 claims.

TSXV:IGO - Post by User

Independence Gold Corp

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Post by concretecowboyon Oct 03, 2023 9:36am

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Post# 35666524

WHY IS THE PRICE OF IGO.V ..not going up?

With all the new vein discoveries,and a potential new copper strike...why is the price not going up? Well,here's a possible scenerio...Lets say your a company (Newmont) who wants to eventually buyout IGO...what do you do?
You have 13.7 million shares that you use to your advantage...short float say 3 million shares
buying and selling to hold the price down...
when you report your position to SEC it all looks like the same percentage,
Sure advantageous to pay 5X if stock at .20 cents than to let new discoveries push this stock to $1.50 and then pay 5X....

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