IAMGOLD SHAREHOLDERS BIGGEST FEAR
Long- term shareholders want to maximize their returns and manage tax implications.
They do not want to sell their shares under $10.00 CDN before 12/31/24 because they would declare a large profit for tax purposes in 2024. Preference is to defer selling to 2025 at a much higher share price.
A worrisome potential buyer is Agnico Eagle Mines. This Canadian mining company has a strong presence in the Abitibi Gold Belt, ($107.24) and it wants to further strengthen its position in the region.
I believe that Agnico is lurking in the shadows.
Do not sell your shares at these low prices to the shorts and Edge Funds or any other creepy crawler.
Be patient. sit tight and be right, you will be handsomely rewarded!!!. Remember, patience and informed decision-making are key.