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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

Comment by metalhead666on Nov 15, 2024 11:50am
115 Views
Post# 36315039

RE:RE:One more thing to add to that

RE:RE:One more thing to add to thatPURE GOLD had outstanding drill results, an 800 tpd mill, all the infrastructure, actual production, a land package etc .....it had horrible self promoting management....it still went bankrupt.  Shareholders got ZERO. 

It does not matter where the project is, what the drill bit says, who is driving the ship.....what matters is only...IS IT ECONOMICAL TO MINE?  and IS THERE A CLEAR PATHWAY TO PRODUTION?

That's it....that's all that matters. Full stop.

NO ONE knows if anything I80 has is economical to mine and there is NO clear pathway to production

They will never raise money, will dilute you to oblivion like Nevada Copper did (which also was in prodution with infrastructure but still went bust)

Underground mining is BRUTAL and prone to failure....Ewan was way out over his skis as you point out but now he's started an avalanche and you don't fix an avalanche 
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