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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 TaylorBon Aug 12, 2024 7:52pm
131 Views
Post# 36175584

RE:i-80 Gold Establishes At-the-Market Equity Program

RE:i-80 Gold Establishes At-the-Market Equity ProgramOnce this raise is done, there will be over 500 million shares outstanding. The company will have no choice except reverse split, probably 10 to 1. Assuming the r/s occurs at about 60 cents u.s. that would he a $6 share price which will fall to $2 or $3 in short order. I80 will have managed to accomplish virtually nothing in the last 4 years except destruction of over 90% of their value for shareholders. 
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