The Future of IAMGOLD: Optimism for 2025To my fellow shareholders, some naysayers and non-believers may find that my comments are too extravagant and overdone.
I may be bias in my strong believe in the future of IAMGOLD but one cannot argue about the company’s strong fundamentals and growing gold deposits. IMO, when all is said and done, people will realize the significance of the Cote gold as a major gold discovery. Once fully operational at 100% capacity, IAMGOLD will become the 3rd largest gold producer in Canada. The deposit will be one of high grade and low-cost margins in one of the best mining jurisdictions in the world.
In today’s mining climate, investors will soon realize the significance and magnitude of Iamgold’s achievement of being successful in building a costly state-of-the-art mining operation.
Remember, mining operations worldwide are facing many challenges such as declining ore grades, higher production costs, depleting ore reserves and limited exploration success.
Under this context, one can appreciate the achievement of IAMGOLD and its flagship mine Cote gold. With its successful ongoing exploration programs, its future potential and growth is open-ended and yet to be determined.
I’m optimistic about 2025 will be a breakout year for the IAMGOLD share price and it will be a generational gain for all long-term stakeholders! Based on comments from shareholders, their sentiments are highly positive and the rise in both the share price and gold price certainly adds a lot of optimism.
Over the years, I’ve always ended some of my comments with the phrase, “Be patient, be right and sit tight”. This investment psychology may pay big dividends in 2025! LOL
Disclaimer: This article is written for informational purposes only. It is not intended to encourage the purchase of assets in any way, nor does it constitute a solicitation, offer, recommendation or suggestion to invest.