IAMGOLD Corp T.IMG

Summer Doldrums But Positive Outlook - IMG

[Luke555]

As we stagger through the summer doldrums, let’s hope that IMG provides some positive news regarding Second Quarter 2023 operating and financial results after market hours on Thursday, August 10, 2023.

As a long term IMG shareholder, these are indeed frustrating times, but don’t abandon the ship. I’m more bullish than ever and highly confident that IAMGOLD does have real asset value and that it will be a quality stock. We are only months away and I think that in 2024, IAMGOLD will be one of the more exciting gold companies in Canada.
I’m particularly interested on the construction progress of building the large-scale, long life Ct Gold project in partnership with Sumitomo Metal Mining Co. Ltd., which is expected to commence production in early 2024.

In addition, it would be great to receive up-date information on the two ongoing 10,000 meter exploration drilling programs, namely Nelligan located in the vicinity of the Agnico Gold mine in Quebec and the Gosselin project located adjacent to the Cote Gold mine in Ontario. Both exploration projects have indicated early high potential mineral ore zones. Once fully delineated, these proven ore bodies would significantly increase the ore reserves of the company. Unfortunately, in the summer, the wild fires in the region delayed the exploration drilling, however, the company reported recently the exploration drilling had commenced again.

If the company provides some positive news, I expect the IMG share price will rise accordingly. Do not let the volatility in the gold price get to you.

Now more than ever, do not sell your shares to the greedy hedge funds, bullion banks and short traders! You will regret it…

Please do your own due diligence.

 

[greendayyyy]

LuKe555..........As you know, I'm very involved here. I think IMG will be in an excellent position and should definitely perform well in 2024. At the moment we've been in decline since June. I think we'll be back under 3 dollars from tomorrow and could even hit 2.50 dollars next week. Let's hope I'm wrong and that the market is on our side.

[Luke555]

Greendayyyy.....Thanks for reaching out. At the moment, the gold price is up in the 6.00 range. I don’t see any indicators that the stock will be back under 3 dollars from tomorrow and could even hit 2.50 dollars next week. Let's hope you’re prognostication is wrong and that the market is on our side.I’m optimistic that the share price will move upwards…you can congratulate me next week or

[greendayyyy]

I have a feeling that the second-quarter operating and financial results after market hours today will be negative. That's why we could be in for another big fall.  Since April, the market has been against us. Who knows. Anything can happen. Just look at FVI today, with disappointing but not horrendous results down more than 10%.