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IAMGOLD Corp T.IMG

Alternate Symbol(s):  IAG

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. Its principal activities are the exploration, development, and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. It owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau. It holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec. It also owns Rich Lake and Lac a l’Eau Jaune (gold) properties.


TSX:IMG - Post by User

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Post by 7Twiggyon Aug 15, 2024 8:26pm
118 Views
Post# 36181735

Think we are due for a more substantial move shortly

Think we are due for a more substantial move shortlyHave not been paying a lot of attention to my IAG holding these days as my chip
holdings have been providing all the excitement I need.  IAG is my only gold holding and
from the guidance with respect to Cote and the other mines I think this play has a long way to run.
Take a look at the gold seasonality charts and you will see we are also heading into an uptrend.
IMO one of the reason we are not moving up faster is that a lot of funds are going to AI stocks.
Still think that one of the reasn for the volume on the ask is some of the last bought deal taking
a quick profit and moving on.  All asks are slowiy taken out and we are continually hitting new highs.
Think we are due for a more substantial move shortly.
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