IAMGOLD Corp T.IMG

technicals

[Aurum1983]

solid downside breakout of $3.65 means we are heading for $2.75. I bought more today but probably should have waited a bit. We are undervalue but for the intermediate term SP will follow the chart.

[UnderTheRadar]

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[greendayyyy]

Let's stay positive. IMG has accustomed us for several years to these price drops. Looked at in 2015 ( 1,95$ ). I added more this morning at $3.01. My average cost is $3.78. Anyway it's long term in my REER.

[Aurum1983]

I actually shifted some BTO into IMG. Ready to add more if we dip below $3. Now is NOT the time to sell that's for sure. Hold and average down. The only people who sell will be those on margin and perhaps the funds that have to maintain a certain composition.

[Castling1]

There are far superior gold miner trades than IMG, no point buying the dip. Have a look at GTWO, float is smallish, inside ownership high, Oko prospect in elephant country, co. principals have an established track record of building mines, they know the region & the country. RGD is next door to GTWO in Guyana, they're drilling Oko west now. Cote will not save IMG, bad mgmt. is just too

[marketdiva]

What is so surprising about today's NR CAStling? COVID issues , weather issues and construction costs have risen...every construction job on the planet has risen. All the bad news is likely out , actually we might get some positive news moving forward as they keep addressing these issues. Yes mgmt does suck but how much of the above could they have controlled ?

[StewartCatso]

You are suffering from Stockholm syndrome.

[marketdiva]

Actually you = stock house;  with your completely useless one sentence contribution

[clubhouse19]

Anyone buying with the intention of holding  long is looking for trouble in this PM naked shorting infested country run by the bay street brothel.

[clubhouse19]

I only play this sector short term and very short term.