Post by
7Twiggy on May 22, 2024 12:33pm
May not be a better time to pick up IAMGOLD
IAMGOLD picked a bad time for their bought deal announcement. Down day on the market, even my favorite gold stock Centerra is down 5% and it pays a 4% divident. Just more than doubled my position in IAG. Don't think we will see these levels for long. IMO the Cote gold project is going to bring a lot more value to this play as well as alot more eyes.
Comment by
edmed on May 22, 2024 12:59pm
Market really does not like this dilution of the stock In the long run it is most likely a good idea but OUCHHH!!
Comment by
Skylar1 on May 22, 2024 5:01pm
I doubled my shares as well . It's a gift at $5.50.