I-80 Gold Corp T.IAU

Yo NineLives;

[Shermandrock1]

The determination of "overpaidness" can only be measured over the longer run and is based on whether Management has extracted a deemed acceptable ROR  when the mine is put into production. If the measurement were conducted today, the inflow dollars to Ewan & the boys would seem to vastly outweigh current outflow dollars from the prospective pro-jects (Canadian pronunciation) for the benefit of the shareholders. That said, if, and when, the projects are producing as promised, the amounts paid to Ewan & the boys collectively over the years will seem like a reasonable amount. In contrast, paying two-bit Management 50% less that results in a sub-standard/incomplete/half-assed/disappointing project one could conclude that Management was overpaid. A far too many Management teams seem more intent to mine wallets then to mine ore. Just my $0.04. 
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[NineLives]

Agreed, but ultimately the litmus test is the share price which over the past two years is showing a resounding vote of no confidence. To put it simply, if the price of IAU's stock is not taken into consideration then why become a public company ? If the company does produce a working profitable mine but successive dilution of the shares to get to that point means shareholders receive no