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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TSX:IAU - Post Discussion

I-80 Gold Corp > $1.56 a good close

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Post by NineLives on Sep 19, 2024 4:07pm

$1.56 a good close

Why, because it bounced off the lows again indicating further gains are coming.

Due to the oversold PM's stock markets it would be in the shorts best interest to cover their positions and actually end up long. Yes there's money to be made shorting but as Gold and Silver continue to rise there's a lot more cash to be made in buying the stocks. The bearish days are over, supported by the fact volume is starting to increase again. There's a huge catch up game about to play out, which will make many of us comfortably rich. Good luck to us all.