IAMGOLD Corp T.IMG

PROBABILITY OF MINE PURCHASE IN YUKON - ZERO

[Luke555]

Why would a company like IAMGOLD on the verge of stardom want to get involved in a gold mine with all kinds of operating and geological problems? The probability of IAMGOLD buying a mine in the Yukon is zero.

Once the Cote gold mine is fully operational in 2025 and all the operational problems are behind them, the company may be in a position to focus on the development of the massive Nelligan gold property located in one of the best mining jurisdictions in the world Quebec, Canada.  

Also, it makes common sense for the company to increase its mineral reserves and resources with their IAMGOLD established portfolio of early stage and advanced exploration projects within high potential mining districts in Ontario and Quebec in CANADA.

Mastermind, Renaud Adams, IAMGOLD’s president and chief executive officer, along with his team, recently said in a statement, “The Company has just achieved a major milestone in bringing Cote gold in bringing the mine to production at the large-scale, long life Ct Gold Mine in partnership with Sumitomo Metal Mining Co. Ltd., which is expected to be among the largest gold mines in Canada. In addition, the Company has an established portfolio of early stage and advanced exploration projects within high potential mining districts.” The company does not want to go back to a nightmare scenario.

 “BE PATIENT, BE RIGHT AND SIT TIGHT.” IAMGOLD investors, 2024 problems located in the Yukon! The probability of IAMGOLD getting involved is zero. They have the potential to develop a new gold mine in their own backyard.and 2025 should be a blast! Investors you will be handsomely rewarded.
Remember, patience and informed decision-making are key.
 
 

[SPACEDOC]

I agree but passed along the news wire report

[johnney]

Agre, why get into trouble I'd say, they already have enough with Cote Mine this not in full production yet!

[edmed]

I agree with you. Once Cote is running on all cyliinders look for them to turn their gaze onto Northern Superior Mining. It makes total sense for a buyout and consolidate the Nelligan gold reserve. In the meantime let them drill at their expense. Time is on our side  IMHO edmed

[Luke555]

Edmed, you just hit a walk off homerun in your posting. Ore reserves play a crucial role in the mining industry, serving as the foundation for a mine’s viability and longevity. In plain English, ore reserves are the life blood of mining companies. IAMGOLD Moreover, IMG have ongoing drilling programs on all their mining properties and they are focused on unlocking and increasing ore reserve value