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        Hello, I am Ted Dixon with
        your INK morning report
preview
        for November 3rd.
        i-80 Gold insiders buy as
        the stock sells off on
news.
        We return to i-80 Gold
which last
        featured here on September
23rd as
        insiders bought after
        the company announced it
        was buying the Lone Tree
and
        Buffalo Mountain gold
        deposits and
infrastructure as
        well as a deal to acquire
        the Ruby Hill Mine all in
Nevada.
        The stock moved higher
        after our report but
stalled
        on October 14th as it
        approach its 52-week high
of $3.54.
        After the close that day
        the company announced it
had
        closed its Lone Tree
        and Buffalo Mountain
acquisitions,
        but investors subsequently
sold the news.
        Even some high-grade drill
results from
        its ongoing underground
drill program
        at the company's Granite
Creek property,
        also in Nevada couldn’t
halt the slide.
        Meanwhile insiders are
buying the pullback.
        Perhaps investors are
still
        awaiting details on the
proposed financing
        with Orion Mine Finance
which could reach
        as high as US$240 million.
        That said we expect the
general malaise in
        the precious metals
industry area
        is also at work.
        Perhaps the Federal
Reserve's
        policy announcement
        and press conference on
        Wednesday may provide a
spark
        for the gold group.
        Gold bullion may just
        regain its shine with
investors
        if the central bank
becomes too
        hawkish and increases
        the risk of a recession.
        In our view, gold could
        benefit as an economic
hedge if
        the Fed appears to be on
the road
        to excessive monetary
tightening.
        In the meantime, i-80 Gold
insiders
        have been buying that
pullback
        and that is something to
keep in mind.
        Well that’s it for today.
        Thanks for stopping by and
        click on the notify button
under
        this video on INK Ultra
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available.
        You can also follow
        us on Twitter
@inkresearch.
        And, I hope to see you
again
        tomorrow as we let
        the insiders guide us
        to opportunity this fall.
        This is not a
recommendation to
        buy or sell securities and
        nothing in this video or
        in INK reports should be
considered
        financial advice
information is for
        educational purposes INK
employees may
        hold an interest in
        any stock mentioned in
        our videos or in our
reports.