IAMGOLD Corp T.IMG

Alternate Symbol(s): IAG

Metals & Mining Gold

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.

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IAMGOLD Corp

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Post by Luke555on Nov 05, 2024 2:58pm

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Post# 36297520

IMG- BIG WINNER-2025

Hi IMG Investors,

I’d like to share some of my current insights about IAMGOLD.

Have you noticed how quiet the board has been lately? In my opinion, this is quite normal behavior, considering the company is ramping up to 90% by year-end, according to Renaud Adams, IAMGOLD’s president and CEO. IAMGOLD will release its third-quarter 2024 results on Thursday, November 7, 2024.

Savvy investors are staying the course and not selling their shares at the current low prices of $7 to $8 CAD. However, if you are considering selling, you should wait until January 1, 2025, to defer your capital gains until you report your gains and losses for 2025 in 2026!

Astute investors will likely wait to see the fully operational results of the first quarter of 2025 before making any buy or sell decisions.

These are indeed exciting times to be an IAMGOLD shareholder. I’m confident that IMG will be a winner in 2025! Some driving forces behind my confidence and optimism include:

Strong leadership of Renaud Adams, president and CEO.
Solid company fundamentals, including a legacy of exploration successes at the Nelligan Project, Ct Gold, and Gosselin ore zones. The latest results of the 2024 drilling programs show that both deposits are open in all directions.
The recent rally in gold prices to an all-time high of over $2,600/oz, with no signs of slowing down.

Don’t worry about gold markets and post-election volatility—buckle up and stay the course!

Best regards,