I-80 Gold Corp T.IAU

everybody only see the dilution BUT

[Buckfinder]

Not A) POG will more or less eliminate the effect If dilution => same potential as POG at 1900 B) 120 Mio Cash C) got rid of the shorts D) negotiation position much better now E) jurisdiction Nevada F) 3 world class high grade mines G) CRD System H) autclave permitted valued at 1 billion If running (Investment 400 Mio => Value 1 billion) I) our 3 fields are next to barrick & newmont (possible takeover in the Future) J) analysts have their target Price of i-80 calculated with POG 1850 :-) Update ? Glta

[AlwaysLong683]

When a company like IAU does an equity raise at a price that is hovering around its all-time low, that's the textbook definition of shareholder dilution. Successful companies who aren't in dire need of money do equity raises when they believe their share price is as close to fully-valued as possible (or, better yet, overvalued). How many current IAU shareholders believe this company's

[metalhead666]

Yep...another Marathon in the making

[AlwaysLong683]

At least MOZ had only one project that was open pit. It was major managerial errors that caused them to bail, much like SBB. Conversely, IAU is all over the place in terms of projects and deposits, so perhaps any potential IAU buyer will only focus on acquiting the most promising project in exhange for cash, not buy the whole company unless they can get it on the cheap, again like MOZ or SBB.

[Buckfinder]

different story we have 3 (!!) world class high grade deposits in Nevada - the best jurisdiction in the world and a permitted autoclave worth alone 1 bill if running (ROI 600 Mio. => investment 400 Mio vs value 1 bill.) GLTA

[Consvestor]

Just a little over 6 months ago IAU was trading over $2.70.  It takes a special kind of stupid to cause your share price to drop over 40% in this kind of gold market.

[Foshay61]

I've been in and out of IAU the past couple of years (mostly out), but might make another nibble at these levels.  As others have stated, IAU management tried to do too much with their properties, and it has cost them dearly.  Yet, no one can argue about the quality of the resource(s) that they have.  Currently a good entry point.  Definitely sucks for long time