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I-80 Gold Corp T.IAU

Alternate Symbol(s):  IAUX | T.IAU.WT

Metals & Mining Gold
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

I-80 Gold Corp > Really good News!
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•••
Comment by Angelique01on Aug 25, 2024 12:01pm
108 Views
Post# 36195220

RE:Really good News!

RE:Really good News!
Pako007 wrote:


Rick Rule says that one (!) of the 4 deposits alone is already worth 2.5bn, plus the infrastructure with a replacement value of at least USD 1bn. This brings us to market valuations of 3.5bn plus.

That means minimum 7 x to today!

 

Rick Rule:

"I have a high degree of confidence in Ewan and their joint venture partners Newmont and Barrick"

Did something slip out of his mouth?

 

Listen to it yourself. It only takes 1 minute:

https://youtu.be/vzHLGBuq0KM?si=y-PKrfEJOZ77zmsv&t=1330

 

 

 


No he did not say that one of the deposits is already worth $2.5 Bn.  That is utter nonsense.
What he said was that he cannot rank IAU a 4 because it does NOT meet his criteria of one of the deposits having insitu valu in excess of $2.5 bn. That is what he said.
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