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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 Nov 06, 2024 11:49am
135 Views
Post# 36299010

Totally surprised

Totally surprisedWill admit I was wrong about the outcome, but life goes on and need to take advantage of this crazy turnaround.

As Gold started falling shorted the major US indicies as there's no way that rally will continue as January gets nearer.

If Gold goes up and index goes down a win win. But If the indicies drop and Gold continues it's fall then a perfect hedge.

Now we need bullish news from IAU, it's held in very well today.  Volatility will be the norm for a while as the FEDS fight higher bond yeilds. 

Watch, wait and hedge. Guess we're now all waiting for the 13th at least it's not a Friday !
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