Topic: How To Invest

Stock Pickers Digest Hotline – Friday, July 8, 2016

Article Excerpt

IAMGOLD CORP., $6.33, symbol IMG on Toronto, continues to report positive results from the exploration of its 100%-owned Boto gold project in Senegal, West Africa. The project comprises exploration licenses for 236 square kilometres along Senegal’s border with Mali. The geological setting is similar to the high-grade Sadiola and Loulo gold districts in that neighbouring country. IAMGold has drilled 2,341 metres in 2016. So far, those results have revealed several high-grade mineral showings. They include a 22-metre drilling section that was graded at a very high 11.25 grams per tonne of gold. So far, the deposit is estimated to hold over 1.7 million ounces of the precious metal. IAMGold already holds interests in four operating mines. But it’s important for miners to keep exploring and developing new projects. OUR RECOMMENDATION: IAMGold is still a buy. IAMGold recent coverage May 2016 issue Hotline for March 24, 2016 BROADRIDGE FINANCIAL SOLUTIONS INC., $66.62, symbol BR on New York, serves the investment industry in three main areas: investor communications, securities processing…