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

Alternate Symbol(s):  IAUX | T.IAU.WT

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

TSX:IAU - Post Discussion

I-80 Gold Corp > Another uninformed opinion:
View:
Post by Shermandrock1 on Jun 17, 2024 1:02pm

Another uninformed opinion:

Ewan is not a "builder" of mines. His track record bears that out. He appears to enjoy the chase and the development of discoveries. He has as much suggested that in interviews. IMO, Ewanwants to be known as an explorer and serial discoverer. These explorer dudes cannot wait to sniff rocks. What would dissuade us mere mortals, the explorers would laugh in the face of. It is all about Ewan sitting in his rocking chair at 89 years and saying to his Grandchildren: "Yep, I found that deposit, I found that deposit, I found that deposit, I found that deposit and then nod off before identifying the other 45 deposits. He does not have the time nor the patience to build. Where is the thrill of going home after the shift and saying: "only 2.5 more years and we may see some gold".
Nope, the thrill is: "Hey Ewan, c'mon dude, it's 10:00 and really dark. The gold is not going anywhere, you can follow the trail tomorrow" to which Ewan responds "just a couple more hours guys, I'm really close". Yep, Ewan is a serial prospector/thrill seeker/ successful discoverer. I doubt that that will change anytime soon. Look for sale of entire company to a Major. It will take $1B IUAX dollars to bring this into production. To a seasoned mine builder employing experience and economies of scale, considerably less. Phew, I may have multiple uninformed opinions in that rant. Yikes.
Comment by dmocnik@gmail.com on Jun 17, 2024 2:01pm
Thank you EWAN explaining your character and success story! Not doubt this is the way to get rich! Good armlength deals with the support of good lawyers!!
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