I-80 Gold Corp T.IAU

Another raise of money...18 Million Canadian

[goldstd69]

but no warrants...not too bad a raise...I will buy any dip...holding long term...jmho dyodd

[metalhead666]

Shorts piled it on again because they knew this was coming.....it's a crooked game.  I warned people for a long time that I80 took on more than they could handle.  They should have developed the mill and 1 mine to get positive cash flow instead they've become a hyper exploration outfit with constant dilution and now JV deals because they're cash poor.  This "raise

[AlwaysLong683]

Yes, no attached warrants, but they're being sold at 1.80 each. IAU's 52W share price range is 1.73 - 3.68, so not good timing, but when you have this many projects going simultaneously, you're going to need lots of cash. Not a fan.

[metalhead666]

Share count is going to keep blowing out...feasibility studies, endless drilling, and they don't even talk about the $400 million to rehab the autoclave. And it's all high cost underground with water issues and rock conditions an ever present issue. They were forced into a JV deal because they got way out over their skis. They could have developed one project, got cash flow and then moved

[goldstd69]

you miss the other side of the equation metalhead...all that drilling has proved a huge body of gold and other metals at high grades and continuity...there is great value in what they discovered in a mining friendly state...the true value of IAUX is imho much higher than the current share price.. the dilution announced today could have been much worse indicating to me that the deal with the jv

[Ridgeback]

Goldstd69. I think you got it right. This placement may well be the lead up to the JV announcement and the buy in may be the pertner taking a position. Given what I80 has drilled thus far I would expect the partner is seeing results just as good. My view is to add on dips which may be short term given the progress and ability to raise funding. Bet Regards

[Shermandrock1]

As much as it burns my buttocks and painful to the value of my portfolio, I used this opportunity to significantly increase my position. Money is the life-blood of this industry and, unlike those pretend Silicon Valley companies selling for 100 times the anticipated 2040 earnings, it is not given without pain to the miners. Funny how that is, eh? Miners, who actually produce ar product that

[Ridgeback]

I see great upside. When I don't know??? Pain the rear,, butttt off many mining ventures IAU looks good, OUCH, but I must take some pain to see they have done well! Short term intersting with a partner?