Bullboard - Stock Discussion Forum I-80 Gold Corp T.IAU

Alternate Symbol(s): IAUX | T.IAU.WT

Metals & Mining Gold

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... see more

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I-80 Gold Corp > Share issue

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Post by Ridgeback on Apr 08, 2024 7:55am

Share issue

Being this close to a potential JV deal one has to wonder why the could not have waited until the deal was approved before issuing shares? Unless the partnership is not in the cards?

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Comment by SNgu8000 on Apr 08, 2024 8:03am

FLOOD GATE WIDE OPEN ! Still DIVING DOWN TO FIND BOTTOM .Frustrating .

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Comment by greendayyyy on Apr 08, 2024 8:22am

In February 2024, a private placement of 11,580,567.20 million shares was issued by the company at a price of C$1.80 per common share. This morning, another private placement of 51,882,000 units at a price of C$1.65 per share. Dilutions are always negative for a producer of less than 50,000 ounces per year. I wanted to take a position here, but with these dilutions, I'll wait and see how ...more

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Comment by Consvestor on Apr 08, 2024 8:50am

The colossal stupidity of management is on full display with this new issue. The ink is barely dry on the previous issue. My god, in this gold price environment they could have let their shares run for a bit and probably gotten nearly double what they are getting now. This is a stab in the back to long term shareholders!

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