I-80 Gold Corp T.IAU

it was the same with viszla...

[Buckfinder]

... huge PP at discount plus options... price went down at 1,55 - now 2,10.. rising trend .. nobody is crying anymore... the market is so short living ... from depression to euphoria within weeks...
But Vizsla is in Mexico - a very difficult jurisdiction... i don`t want to be invested in LATAM

We are in a bullmarket regarding metals - so it is only a portion of the share price potential we gave away (compensdated with higer prices)... but we gained back a perfect negotiating position...

REMEMBER; 3 high frade fields in NEVADA (next to Barrick & Newont desperatly looking for good projects to increase their production numbers...) with an permitted autoclave...best jurisdiction... not LATAM, not Africa, not Indonesia, not Russia...

If the JV fails we have to say thank you for paying us the whole drilling at FAD :-) and I am curious what the results look like... as I remember there were a lot of other interested parties for having a JV with us... and now with rising metal prices there will be even more...

GLTA

[NineLives]

Agree that this PP gives IAU a stronger hand and takes away any further doubt on when the next dilution will take place as they have enough cash now to put a clear strategy in place. On the flip side it also gives an entity a very cheap entry point to pick up 4.9% of IAU without declaring their intentions. And/Or a spring board for a cheap bid to come in to take complete control of IAU. There'

[NineLives]

EQ as in EQX, their share price doing well over $8 now have to check to see if their holdings of IAU have changed.

[siena1]

Same with CXB,  now around $2 after raising at $100,million 1.68 mid March

[cyanide5]

CXB raised at strength at a very good strong stock price. They raised after considerable appreciation last 9 months.  IAU has not only raised at all time low stock price but the dilution is massive. It's almost 20% of the outstanding share count. If that was not enough they gifted half a warrant at 2.15 which is 10% higher than where stock traded only last week around $2. The warrants

[Buckfinder]

thats why I referred to Viszal and not to CXB :-) It is not true that they do not need the cash - in the negotiating process (the most important moment for the company's future) 20 Mio is nothing, but 140 Mio. cash... oh yes this makes the differnece! I disgagree that 50% of the potential has faded because 140 Mio will a) create new value and b) the POG is nearly compensating the PP