I-80 Gold Corp T.IAU.WT

Primary Symbol: T.IAU Alternate Symbol(s): IAUX

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 > Unlike previous years

<< Previous

Bullboard Posts

Next >>

Comment by PonyBoyOutsideron Oct 25, 2024 10:17pm

98 Views

Post# 36283047

RE:RE:RE:RE:RE:RE:RE:Unlike previous years

Hey now that the Lord has come on to thee with valuable investment advice, can get him to turn his attention to oh, say, a few million starving kids in Africa and maybe help them out next? Thanks!

In all seriousness though, I will agree with one thing. Net asset Value seems to mean alot less nowadays to the SP of a company.

the example I think of is Crew Energy (gas co. But makes the NAV /disconnect point) .

Huge portfolio of drilled Condensate Rich lands in the Montney gas play. On paper with recent Land sales in area, their pkg had NAV of proven & probable at around 17.00/share.

of course, to unlock the value of their lands, they needed to build out Gas plant. Either taking on debt, or real slow over time or JV.

of course, Tourmaline scooped them up well before these NAV values could be seen by Long investors, grabbed CR for $6.69/sh

Point I'm making is I saw the disconnect and happened to time purchase (700,000@ .40/sh) pretty good.

in the end, it's still a 15 bagger for me and did real well with it, even though I never saw it's true NAV or even close to it.

Regarding IAU:

Ewan and team have put together an amazing portfolio of Gold & Silver. It's in the ground (verified) and we're likely going to find out there's a lot more of it.

Best of all the Co. We're invested in owns it.The NAV is there. Will we see it's full value? Not likely. There is a bumpy road between now and bars of Bullion. Debt / Dilution / JV or takeover? Any of the three can happen or all of them.

What we've invested in here folks (at the end of the day) is PEOPLE.

Does Ewan have a good track record getting deals done & take over? Sure does.

How about New CEO Mr. Young? Great track record.

There is a pathway forward to unlock the value of what's in the ground. These guys will navigate us through that path. Our job as investors is to time the start and stop right.

Right now I have slightly more shares than CEO, and he's paid more for his shares than I did for mine, so, I'm of the opinion I probably got my timing right, again.

And, the only thing that will tell if I'm right is: Time!

GLTA Longs

PonyBoy Outsider