Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 metalhead666on Nov 13, 2024 6:54am
245 Views
Post# 36309739

My last words on this debacle....

My last words on this debacle....I'm done here. I made my case, warned you, explained why this would fail.....

The #1 rule when gambling in the mining space is .....Is there a clear pathway to production?

If there is then it could be worthy of your dollars....if there isn't then it's finacial suicide

A clear pathway to production includes FEASIBILITY STUDIES that detail a resource, costs, obstacles, pros and cons, economic assumptions etc

Absent that you have nothing but "hope" and "faith" and neither is a viable investment thesis. 

Salvage what you can. I80 is now a "source of funds" They are in a death spiral now where exponential dilution will be required to pay the hucksters salaries. Debt will be unservicable, toll milling will be shut off, I80 will likely follow NCU into bankruptcy

Don't fall for whatever cheerleading the new CEO pumps out today...the issues that brought I80 to where it is remain

Good bye. 

<< Previous
Bullboard Posts
Next >>