| Comment | 6.080 | Bruce Campbell | Latest news release that they will be able to mine in Ecuador was positive. Sold their Peruvian position to Rio Alto, which was also positive. Has a project in Ecuador that is to come on stream in 2010. Current production is fairly high cost. If gold where to go back over $1000 this will probably do quite well. | 2008-05-09 | |
| BUY | 7.250 | Bruce Campbell | Has hugely lagged the gold group. Operating costs of $4.27 is historically quite high but thinks it is a takeover candidate. This would be the first one of his golds that he would sell. | 2008-04-11 | |
| DON'T BUY | 7.370 | Michael Smedley | It is generally thought to be negative and he uses the term “generally” because he is not heavily into this one. Not considered a favourite. He is bullish on gold. | 2008-04-01 | |
| DON'T BUY | 8.180 | David Burrows | A really volatile stock that has not been able to get going. His concern is that a lot of the assets are in Africa, which is less stable politically. He doesn't like the price action on this one. | 2008-03-03 | |
| HOLD | 7.960 | Robert Floyd | Has been a little bit of a disappointment recently. Had some permitting issues in French Guyana and are trying to sort through it. Also had a few production issues. Think they can gain further growth in their production but will be more modest. What you need to see our higher gold prices. | 2008-02-29 | |
| BUY | 7.410 | Dennis Dasilva | (Market Call Minute.) French Guyana was obviously a major setback but it has gotten too cheap given what it represents for NAV. | 2008-02-25 | |
| DON'T BUY | 7.860 | Brendan Caldwell | Gold has gone over $900 an ounce and yet this stock is languishing at lower prices than it was a year ago. Prefers gold stocks that are doing well in a strong old market. | 2008-02-01 | |
| TOP PICK | 8.900 | Bruce Campbell | The only gold stock that is lower than what it was a year ago. Got hit by higher costs. Has really good leverage with over with over 1 million ounces of production coming. Still has a bit of catch-up to the others. | 2008-01-23 | |
| BUY | 9.200 | John Stephenson | Some of their production is a little further out, which could be why they are lagging. It could play some catch-up here. Other golds have moved ahead on the stronger bullion. Good management. | 2008-01-08 | |
| Comment | 8.090 | Bruce Campbell | Primarily a gold play with South American and Quebec very high production costs. If gold moves to $900, these guys have a great leverage. A large project that starts in Ecuador in 2009. Also produces niobium, an industrial metal that has gone up in price. This was his last purchase in golds but will also be his first sale. | 2007-12-31 | |
| DON'T BUY | 8.690 | John O'Connell, CFA | Gold prices are very strong and this company is struggling to make new highs. We prefer the major players such as American Barrick (ABX-T) and Goldcorp (G-T). Perhaps Newmont Mining (NMC-T) for US$ exposure. | 2007-12-10 | |
| BUY | 8.760 | Bruce Campbell | It is the highest cost of the senior producers and most leveraged to higher prices. If you like gold, it is a Buy. | 2007-11-22 | |
| BUY | 8.730 | Robert Cohen B.A.Sc., MBA, CFA | About 25% of their cash flow last year came from niobium (a metal to strengthen steel) out of Quebec. Thinks their 4th quarter cash flow will be even better. Also has gold in Ecuador and Surinam. | 2007-11-16 | |
| HOLD | 8.680 | Bill Belovay | Has been making a lot of money out of Nairobi. Have a project in Quebec, which is responsible for about 25%-30% of its profits. Have had some problems meeting estimates in their mining operations. Latest quarter seems to indicate the wheels are back on the track. | 2007-11-13 | |
| BUY | 8.210 | Brian Acker, CA | He held it once in the past year. He only buys the top 100 in the TSX. His model price is $12.70, a 53% positive differential. | 2007-11-01 | |
| BUY | 8.180 | Dennis Dasilva | A core position in their portfolio. Thinks it's undervalued. In the "show me" state. Market is waiting to see them develop their assets, on time, and on budget, and lower their costs and cash costs, after their large acquisition. He likes it because of the value proposition that it offers for the portfolio. | 2007-10-30 | |
| TOP PICK | 8.150 | Bruce Campbell | Has by far the cheapest valuation.
The only gold with a one year negative return.
A billion ounce producer trading at 1.7 times net asset value whereas Barrick for instance trades at almost 3 times. So you are getting it at a 50% discount. Once decent quarter will get it at 11 or 12 dollars. | 2007-10-24 | |
| DON'T BUY | 8.460 | Bruce Campbell | Has been tempted to on this one over the last few months, but ended up not buying. Of the intermediates, this one has the highest costs. Future growth will come from Ecuador, which could be a concern. | 2007-09-25 | |
| BUY | 8.920 | Brian Acker, CA | 41% upside. Only concentrate on top 100, it’s a buy | 2007-09-20 | |
| VAGUE | 8.920 | Peter Hodson | Someone should merge with this company. Very cheap, because they’re not dominant controller of they’re assets, diverse asset base. Not favourite name. | 2007-09-20 | |
| DON'T BUY | 8.340 | David Burrows | Really likes the precious metal space. Has been under-performer. Not impossible the company could be bought. Prefers Goldcorp. Looks attractive for sector. | 2007-09-19 | |
| BUY | 8.050 | Robert Cohen B.A.Sc., MBA, CFA | Still getting through digesting the Cambior acquisition. Had some operational difficulties. There are a few sources of upside including 1) Westwood discovery, which will extend the life of the Doyon mine 2) niobium mine in Quebec with their long-term con | 2007-09-06 | |
| HOLD | 8.810 | Michael Sprung | Hasn't looked at the production or earnings numbers to be able to give a definitive answer but doesn't feel this is a bad price. | 2007-07-13 | |
| DON'T BUY | 8.280 | David Burrows | We are in a later stage of a bull market and the gold sector is not participating. You're risking dead money and opportunity costs. He doesn't own any golds. | 2007-06-22 | |
| Comment | 8.060 | Michael Sprung | Goal is something to have in your portfolio, although he hasn't bought IMG. Earnings forecast going forward is quite flat, although their production is going up. The problem is due to the raising cash costs for producing the gold.He likes GoldCorp instead. | 2007-06-15 | |
| DON'T BUY | 7.860 | Brian Acker, CA | The price of gold has gone up, but the cost of production has been going up faster. Earnings here are getting crushed. The cost of fuel, labor, trucks etc.
The model price has come down from $15 to around $12, which is still over the current price, but it's coming down so he wouldn't buy. | 2007-06-07 | |
| Comment | 8.080 | Bruce Campbell | The cheapest of the top 15 North America gold companies by size. The other gold companies will move first, this one will lag, so buy the others first, take your profits, buy this one. | 2007-06-05 | |
| WATCH | 7.800 | Paul VanEeden | Good company, has some very good assets. Some political worries in Equidor are keeping the stock down. Could go up to $11 by the end of the year, but he's staying out. | 2007-05-31 | |
| SELL | 7.170 | Michael Sprung | Has been a little bit more dramatic on the downside compared to its peers. Expect there are cost pressures in their operations. | 2007-05-28 | |
| BUY | 9.330 | Kenneth P. Norquay, CMT | Golds are starting to lift off. If you are a short-term trader, use a stop loss at about $9. This has a low risk but the reward could be excellent. Also watch for volume. | 2007-04-17 | |
| BUY | 9.490 | Dennis Dasilva | Had a labour dispute, which is now over. Still digesting the Cambior acquisition. Cost structure is higher than what most would like to see. He likes, because it trades at a discount to its NAV and its peer group. Expects good growth. | 2007-04-05 | |
| HOLD | 9.070 | Michael Smedley | Probably all right. He believes in gold and this one has staying power. | 2007-03-23 | |
| BUY | 8.630 | Neil Wickham | Good management. Getting to be a significant size with its latest acquisition. Has a rising production outlook, which he likes. | 2007-03-20 | |
| DON'T BUY | 8.850 | Michael Sprung | Have some big things to swallow right now since they acquired Canbior (CBI-T). The price of the stock has been falling as analysts have been forecasting significant increases in their cash costs. Too expensive for him right now. | 2007-03-16 | |
| Comment | 9.160 | Greg McCoach | A good company. Any of the major producers are faced with higher mining costs. Feel they will get things worked out. | 2007-03-08 | |
| DON'T BUY | 10.550 | David Burrows | Has been dead money. Not performing in line with the group. | 2007-02-20 | |
| WEAK BUY | 10.110 | John Embry | Now it has become an operator, which is good. Their big exploration project is in Ecuador with a government that is a little questionable. There is nothing in this stock that turns him on other than that it is not expensive. | 2007-02-08 | |
| BUY | 10.980 | John Embry | Was disappointed when they paid such a hefty premium for Cambrior, but now that it has shaken out, it may actually be an accretive acquisition. Not a bad package. | 2006-11-30 | |
| BUY | 10.490 | Bill Belovay | With their acquisition of Canbrior, it makes them a producer, rather than just a holder. | 2006-11-29 | |
| BUY | 10.440 | Bruce Campbell | Would call them a big intermediate. If you are positive on gold, this is the kind that will do well over the next year or so. | 2006-11-15 | |
| Comment | 9.600 | Robert Cohen B.A.Sc., MBA, CFA | Merging with Cambior which holds some decent assets. Longer term, there is some shareholder value to be created, but they have to prove themselves. | 2006-10-04 | |
| BUY | 11.860 | Bruce Campbell | Had a bit of a breakout in the last couple of weeks, recognition of mid-cap gold companies because of growth in production and may be big enough to get revalued for liquidity. Good leverage to upside in gold prices. | 2006-08-25 | |
| WEAK BUY | 11.020 | Robert Floyd | Bulk of the revenues is really on royalties. Have tried to make some acquisitions in the past but haven't been that successful. Well run and will benefit from a higher gold price. | 2006-08-02 | |
| WEAK BUY | 9.430 | David Burrows | If a resource at stock is going to hold in a rally, it should hold in the rally from around the 200-day moving average. This would be a potential candidate. You are speculating that there is another leg higher. | 2006-06-27 | |
| BUY | 10.740 | Ron Meisels | The way gold is behaving and the fact that there are institutions that do not have a full position in gold stocks, gold stocks will be moving higher and he feels gold will reach $1200. This one has just had a major breakout. An excellent price. | 2006-04-24 | |
| BUY | 9.300 | Gavin Graham | Went up on speculation of a takeover, but has now settled back. As long as they are producing gold profitably, they should be fine. Acquiring smaller mines. | 2006-03-20 | |
| VAGUE | 9.680 | Bill Belovay | Iamgold seems to have lots of mines in different countries. Going through the stage of being a producer as well as an explorer. | 2006-03-14 | |
| DON'T BUY | 7.950 | David Burrows | Likes the golds. This one has not been one of the better performers. If we get into another leg in this bull market in the gold shares, this one will participate, but doesn't think it's the #1 pick. Would prefer a Goldcorp (G-T) or a Barrick (ABX-T). | 2005-10-26 | |
| DON'T BUY | 8.250 | David Baskin | If he has an interst in gold, it would tend to be big caps. The smaller the company, the more volatility you get. | 2005-10-06 | |
| BUY on WEAKNESS | 8.750 | Larry Berman CFA, CMT, CTA | Like most gold stocks, it's starting to run into overhead resistance. Has a nice channel which should continue to play out and move higher. Any pull back to support and trend line is a good buying opportunity. | 2005-09-28 | |
| BUY | 7.870 | Ron Meisels | This one and gold stocks in general are going to be very, very attractive. Gold is contra cyclical and will do well in the 2nd half of the bull market which is where we are now. Downside risk is roughly $7 and your upside potential is around $12. | 2005-07-29 | |
| BUY | 8.860 | Gavin Graham | The deal between Iamgold, Harmony and Gold Fields is still not settled. The deal with Gold Fields looked good and then Harmony came and is trying to take over Gold Fields. | 2004-11-08 | |
| HOLD | 9.030 | John Embry | Merging assets with Gold Fields At a good price. | 2004-11-01 | |
| DON'T BUY | 9.190 | John Zechner | Not sure if there will still be a merger with Goldfields. Better off with a Placer, Barrick or Meridian. | 2004-10-27 | |
| HOLD | 7.250 | Robert Lyon | Merger with Wheaton River fell through. They both have to do something in order to get bigger and get investor interest. Good properties and good cash costs. Still some expectations of a transaction of some kind. | 2004-08-05 | |
| DON'T BUY | 8.370 | Ian Nakamoto | Wasn't crazy about the purchase of Wheaton Minerals because of the cost. Would prefer others. | 2004-04-06 | |
| DON'T BUY | 8.380 | Bruce Campbell | Merging with Wheaton River which is a slight negative because it is somewhat dilutive. Not much upside. | 2004-04-01 | |
| DON'T BUY | 8.380 | Bill Carrigan | Gold stocks enjoyed the first cycle advance. Now getting a bottom and may again get up to the top, so it doesn't think there's a lot in it. Would avoid this group in this cycle and go into the larger ones instead. | 2004-04-01 | |
| BUY | 8.910 | Robert Cohen B.A.Sc., MBA, CFA | Right sized company for take out stock. Great valued stock. Terrific management. | 2004-02-02 | |
| BUY | 8.910 | Robert Cohen B.A.Sc., MBA, CFA | Right size as a take-out stock.Great leverage to gold price. | 2004-01-23 | |
| BUY | 8.860 | David Burrows | Prefer Iamgold and Eldorado to small caps. Where US investors will buy. | 2003-10-21 | |
| PAST TOP PICK | 6.550 | John Embry | (Was a top pick on May 8/03. Down 11%.) Stock has been a disappointment. Good balance sheet. | 2003-07-16 | |
| BUY | 6.560 | John Embry | Projects in West Africa. Well cashed up. Nice base of gold projects. | 2003-06-24 | |
| BUY | 6.850 | Gavin Graham | Gold stocks have been lagging the gold price. Every portfolio should have 5% gold. | 2003-06-18 | |
| TOP PICK | 7.350 | John Embry | Mines in Ghana and Mali. The best value in intermediate mines. Lots of cash. Cheap. | 2003-05-08 | |
| PAST TOP PICK | 6.370 | John Embry | Was a top pick on Dec 3. Up 20%) Still likes. Most interesting in mid cap mines. Profitable. | 2003-04-08 | |
| BUY | 7.640 | Michael Smedley | Good managament. Expects good things. | 2003-02-03 | |
| PAST TOP PICK | 7.820 | John Embry | (Was a top pick on Nov 4. Up 57.5%.) Still likes. Still undervaled. | 2003-01-29 | |
| WEAK BUY | 7.710 | Bruce Campbell | Merger with Repadre gives more geographic diversification. A fine stock. | 2003-01-17 | |
| BUY | 7.050 | David Burrows | The merger withRepadre is good. | 2002-12-16 | |
| TOP PICK | 5.170 | John Embry | Well managed. Merger should be completed soon. | 2002-12-03 | |
| TOP PICK | 5.160 | John Embry | Merging with Repadre. Clean company. | 2002-11-04 | |
| BUY | 8.000 | John Embry | Good partnership. Debt has been replayed. | 2002-06-05 | |
| DON'T BUY | 5.500 | Bruce Cooper | A one trick pony. Very risky. Product has taken too long to develop. | 2002-05-17 | |
| BUY | 7.150 | Bob Boaz | Likes better than Glamis. | 2002-05-08 | |
| BUY | 4.950 | John Embry | Good jr. gold. | 2002-01-21 | |
| BUY | 3.100 | John Embry | Very cheap. | 2001-06-12 | |
| BUY | 2.250 | John Embry | Fundamentals are good.2 principals periodically sell shares, keeping price down, but if gold takes off, it should be good | 2001-01-15 | |
Experts that have talked about Iamgold Corp
