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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 metalhead666on Nov 13, 2024 4:59pm
120 Views
Post# 36311206

Almost forgot...Class Action Lawsuits...they're coming

Almost forgot...Class Action Lawsuits...they're comingThere's a whole industry that makes its living as financial ambulance chasers...they'll be all over this. It will only hamstring what's left of the company more and potentially cost them dearly.  I80 is UN-INVESTABLE....they will never get debt financing except at extremely onerous rates if at all. They will dilute you to a billion shares. They'll get de-listed. They'll go the  way of Nevada Copper and Pure Gold who both brought new management to unworkable situations. It's only a matter of when not if. Once a company suffers "going concerns" it's nearly impossible to get out of it. They'll go bankrupt and the vultures will swoop in like with Pure Gold and pick up the bones for next to nothing. 


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