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IAMGOLD Corporation (IMG.TO)
Toronto - Toronto Real Time Price. Currency in CAD
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At close: 04:00PM EDT
7,424 reactions on $IMG.TO conversation
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OVERSOLD Sector - IAG especially
Gold has barely blinked in this rout. IAG is the same company it was last month and yet IAG is now at ALL TIME LOWS. You been waiting? Goldman has called for gold to $2500 by EOY.
Russian gold may be next to be banned/shunned. They are in the top 3 producers. This should have an enhancement influence on Canadian and other Miners (Canada produces less than half what Russia does).
honestly now at all times low, cheapest EVER for no reason at all whilr gold nears 1850? Max pessimism
yes.. It will turn now. Its oversold.
IMG CEO =
$3.75 sixty days ago
Down almost 50% in just eight weeks. Didn't see that one coming.
Soon to be the world's first negative stock lol
Well this was another fun day
Maximum PAIN! Fire sale on the miners! except....... there was no fire and actually the future is bright :) Buy of the century on miners right now. Somehow, some way, I sincerely wish the worst on the manipulators.
I can hear a pin drop
I bought some shares now. Maybe things will change
Oversold.... and the big boys are about to back the truck up.
Here's something strange:
In the last 4 days Gold is only down .004% (about $7) while IAG is down 13%
That's quite a disparity. The selling seems overdone unless there is another dilution announcement we don't yet know about. I am concerned that they will do another bought deal to pay for the remaining Cote costs. Bought deal would probably be around 1.50
Was hoping they wouldn't need the additional financing, but following IAG for several years you will see that they do 10% dilutions quite regularly.
Maybe there's something else that would explain a 13% drop with gold steady. Thoughts?
You might as well divide the company and sell the pieces, it is worth more than this SP.
last qtr they had more rev then all qtrs.
I think under $2, Iamgold is a strong takeover target. No hurry so will add time to time
coté gold to open in mid 2023. this will get the stock moving. meanwhile drink a mojitos.
Yahoo! has been so bad lately - especially the IAG board. I like using (
) now instead for my daily research.
Quiet before the storm. Big gap up coming. 🚀 🌙 😁 😂 😀 seriously though... undervalued gold goes up with fear. There's lots of fear 😨
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