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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

Post by NineLiveson Oct 26, 2024 10:32pm
206 Views
Post# 36283751

With Gold above $2.750

With Gold above $2.750The properties held by I80 Gold are a perfect fit for Nevada Gold mines as now with the high PM price they now make economic sense. They would be extremely profitable. Research the infrastructure that company has.

Obviously bullish traders will see ways to bring gold properties into production such as loans against future production or JV's on claims that involve other metals but provide cash flow. Or refurbished autoclaves for $248 million. Or just sell everything at a premium from where it is now (quite possible).

And short traders (or those who just have a totally negative disposition, and think the markets will crash every waking hour) will always find insurmountable barriers why the gold can't be mined.

Nothing ever changes.
Do your own research, come to your own conclusions and go from there.
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