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IAMGOLD Corp. Message Board

  • ihateuserids2003 ihateuserids2003 Mar 4, 2013 11:08 AM Flag

    one reason no one is touching this

    is because everyone knows Blackrock and Vaneck own 25% of this company ......... they can do what they want with the stock price ............. investors are waiting to see what they are doing in 13f filings

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    • danmarinc Mar 4, 2013 12:24 PM Flag

      I guess they control everyone... Please man! Every miner is done huge...

    • 3 more insiders bought on open market March 1st. If insiders are buying at these levels, so am I. If you don't believe me go to CanadianInsider and search ticker IMG. I would post a link but it wont let you.

      Sentiment: Strong Buy

    • My theory is that major shareholders are in collusion - effectively are in control of the gold mining industry - its a scam to defraud investors who make decisions on fundamentals and believe in the "market".
      These majors are long gold and play the "accordion" with gold stocks -
      A $200 swing gold has taken out 70% of IAG value- when the company financial balance sheet is one of the better one's in the industry and the "high cost" mines are still way more profitable now than when gold prices were in the $600 range

      Its a scam of major proportion

      Look at AUY - it has done "everything" right yet the stock is less than it was 5 to 7 years ago when the company was all smoke and mirrors

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