"IAMGOLD Anticipating a Golden Future 2025"Hi IAMGOLD Investors,
Have you noticed how quiet the board has been lately? In my opinion, this is quite normal behavior, considering the company is ramping up production to 90% by year-end. As we head towards the completion of the 4th QT. the company expects another strong quarter of safe, stable production and cash flow growth," said Renaud Adams, President and Chief Executive Officer of IAMGOLD. "This is a company that is rapidly moving closer to the goal of becoming a leading, modern Canadian gold producer with a strong balance sheet and assets that are poised to generate significant value for our stakeholders and investors."
IMO, the astute investors will likely wait to see the fully operational results of the first quarter of 2025 before making any buy or sell decisions. The savvy investors are staying the course and not selling their shares at the current low prices of $7 to $8 CDN.
These are indeed exciting times to be an IAMGOLD shareholder. I’m confident that IMG will be a winner in 2025! Some driving forces behind my confidence and optimism include:
1. Strong leadership of Renaud Adams, president and CEO.
2. Production guidance for 2024 is reaffirmed.
3. Mine operations to perform above expectations.
4. Solid company fundamentals, including a legacy of exploration successes at the Nelligan Project, Ct Gold, and Gosselin ore zones. The latest results of the 2024 drilling programs show that both deposits are open in all directions and exploration and delineation drilling continues on all projects. You can expect increasing ore reserves and extension of the mine life.
5. With the Nelligan project confirming its massive ore body and continual positive delineation program drilling, a new gold mine may soon be on the horizon, in one of the best mining jurisdictions in the world.
6. The rally in gold prices to an all-time high of over $2,600/oz, continues unabated with no signs of slowing down.
Don’t worry about the turbulence in the gold markets and post-election volatility—buckle up and stay the course! Best regards and successful investing in the coming new year with IAMGOLD!