RE:My 2 Cents..My position is nearly identical to yours, my recent increase in position a result of the comments made by Mng and the alnalyist reports posted on the CIBC website.... Canacord dated less than a month ago.
Had I not read those targets I was about to sell my position $1.60 - 1.70 cnd last month.
The latest video where Ewan stated that they were doing the final touchs on the jv was at best missleading and possibly criminal. Disclosing the exact opposite of the currnet situation.
He had everyone.... except Metal .... bambozled!
I guess if looks like a sure thing its a scam! Loss of $25,000 a hard lesson and the last thing I needed today was an I told you so from Metal...SFA
| Analyst Name | Position | Price Target | Action | Date | Article |
| | Buy | $4.00 | Reiterated | Nov 13, 2024 | |
| | Buy | $5.50 | Reiterated | Oct 23, 2024 | Read |
| | Hold | $2.25 | Downgraded | Oct 9, 2024 | Read |
Globe says i-80 Gold lowered to "sector perform"
2024-10-11 06:18 ET - In the News
The Globe and Mail reports in its Friday edition that analysts at National Bank believe the expectations for the declining interest rates support a bullish outlook for precious metals, leading the firm to reaffirm its "constructive" stance on the sector. The Globe's David Leeder writes that analyst Don DeMarco cut i-80 Gold to "sector perform" from "outperform." Mr. DeMarco's share target tumbled $1.25 to $3.50. Mr. DeMarco says in a note: "[We issued our downgrade] following a period of share price outperformance, and as we normalize our expectations for asset development in light of the company balance sheet and existing obligations, which offsets our favourable view of new leadership and the company's quality assets in a Tier 1 jurisdiction. We recently expressed our encouragement for the appointment of Richard Young as CEO and director, who brings strong experience in Nevada including operational positions with Barrick Gold at its Goldstrike Mine, founder and CEO of Teranga Gold transforming the company from a single-asset producer into a mid-tier gold producer ultimately acquired by Endeavour in 2021 for $2.5-billion, and more recently, president and CEO of Argonaut Gold which was sold to Alamos Gold in July 2024."
© 2024 Canjex Publishing Ltd. All rights reserved.