i-80 Gold is our top junior gold miner turnaround pick. Gold stocks in general are turnaround stories as gold stocks have yet to join the gold bull market while a key catalyst is emerging.
I own a lot (for me) of I-80 stock, and certainly want them to progress their process plant upgrades & drilling/resource updates & mine developments & production/cash flow growth. One thing that I don’t see a lot on is what will be deducted from metal sales for existing streaming, royalties, etc… Could you ask about these when you interview I-80 Management next? Thanks!
Yes, I think that Equinox sale had been punishing i-80 for a significant amount of time. Equinox had to go out an market it, which meant they had to put it up for sale to institutions. Word must have got out. Ewan knows what he has and is a great deal maker, when he brings in a partner, I believe it will be a great deal for i-80 or he won't do it.
I-80 has great assets, I fully agree with you Allan. Unfortunately, the management is losing credibility day by day as this potential JV, even it might be complicated, takes way too long. I am a patient shareholder like you because I believe in the assets of the company. But the failure from management to communicate properly does a lot of damage! They will have to do a great work to earn that trust back from the market.
I own a lot (for me) of I-80 stock, and certainly want them to progress their process plant upgrades & drilling/resource updates & mine developments & production/cash flow growth. One thing that I don’t see a lot on is what will be deducted from metal sales for existing streaming, royalties, etc… Could you ask about these when you interview I-80 Management next? Thanks!
and the Equinox sale clears the deck. Now to the joint venture announcement!
Yes, I think that Equinox sale had been punishing i-80 for a significant amount of time. Equinox had to go out an market it, which meant they had to put it up for sale to institutions. Word must have got out. Ewan knows what he has and is a great deal maker, when he brings in a partner, I believe it will be a great deal for i-80 or he won't do it.
I-80 has great assets, I fully agree with you Allan. Unfortunately, the management is losing credibility day by day as this potential JV, even it might be complicated, takes way too long. I am a patient shareholder like you because I believe in the assets of the company. But the failure from management to communicate properly does a lot of damage! They will have to do a great work to earn that trust back from the market.
if the partnership takes too long, the stock will be further under strain and may attract some unfriendly attention.