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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

Post by Shermandrock1on Jun 13, 2024 11:30am
113 Views
Post# 36087158

Folks: A couple observations

Folks: A couple observationsPrice of gold:    Yep, the price of gold does indeed fluctuate. Not long ago, it was much lower.  Step back for a moment and look at the state of the world. There is chaos in the EU, ME, China and the US. I could also add Mexico due to the election of a Leftist who may not have a favorable view of mining. Folks who have wealth, obviously not anyone here, have alleged learned advisors who assist them with preserving their wealth. Where do you suppose that these folks are parking that wealth at the moment? Banks? Commercial Real Estate? High Tech NYSE listed Companies? EV manufacturers? Nope, nope, nope, and nope. Gold is a store of wealth and has been since my alien ancestors colonized Earth. Think about all of those wealthy folks standing in line to buy. Do you think that they want to pay market rates. Nope, their agents/brokers/influencers/pretend gurus are out there beating/bashing/crapping on the POG so they can accumulate. There are no "buys" unless there are willing "sellers". Yep, the old "bash and stash" routine so popular on WS. Lastly, do not rule out Political  instability/election malfeasance/dementia and outright forceful events that could change the world. Yep, got GOLD?  BTW, IAUX has gold in a relatively safer jurisdiction. They have funds to initiate development, recover mineralization and an agreement to refine. Lastly, Ewan is not a Dope. He has a considerable percentage of his wealth tied up in IAUX. Management tends to make decisions in favor of themselves. What is good for Ewan, is good for us. just saying.
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