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IAMGOLD Corp T.IMG

Alternate Symbol(s):  IAG

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. The Company’s principal activities are the exploration, development and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is located in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is located in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. The Company owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau, Quebec, Canada. It also holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec.


TSX:IMG - Post by User

Post by greendayyyyon Aug 19, 2022 4:04pm
355 Views
Post# 34908332

Price

PriceWith the FED meeting next week, gold should certainly see a drop to around $1725 and maybe lower. We could certainly see IMG around $1.30 by the end of next week. September may be the month when IMG will touch $1 and below. After that who knows where this fall in IMG will stop.  When a company accumulates losses year after year and the management team is completely overwhelmed by their incompetence and their ignorance of the shareholders, well, that's where we are today. Seriously I don't see how IMG will recover from this mess with this same team on board. The ship is sinking and continues to sink. 
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