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Equinox Gold Ord Shs T.EQX

Alternate Symbol(s):  EQX

Equinox Gold Corp is a Canada-based mining company with seven operating gold mines. The Company is engaged in the operation, acquisition, exploration, and development of mineral properties, with a focus on gold. Its operating mines include Aurizona Gold Mine, Fazenda Gold Mine, Santa Luz Gold Mine, RDM Gold Mine, Los Filos Gold Mine, Castle Mountain Gold Mine, and Mesquite Gold Mine. Its projects include Greenstone Project, Los Filos Expansion, Aurizona Expansion, and Castle Mountain Expansion. Aurizona Gold Mine is an open-pit gold mine located in northeastern Brazil near the town of Godofredo Viana in Maranhao State. Fazenda Gold Mine is located within the Maria Preta mining district in Bahia State, Brazil. Santa Luz Gold Mine is located within the Maria Preta mining district in Bahia State. RDM Gold Mine is located in Minas Gerais State, Brazil, about 560 km north of the state capital city of Belo Horizonte. Los Filos Mine Complex is located in Guerrero State, Mexico.


TSX:EQX - Post by User

Post by tndlon Jan 26, 2022 10:04pm
281 Views
Post# 34365272

appropriate allocation of revenues

appropriate allocation of revenuesI've seen comments reflecting disappointment on this site of the site of the company for failing to start is going to start to provide a dividend. Instead, they are allocating those revenues to build the mine in Canada. While in the short run this decision May disappoint may disappoint those seeking a dividend, to me this would represent responsible management action. Use the revenue to fund the company's expansion. In a couple years with the mind completed, revenue revenue will then increase dramatically come up with less debt , and a dividend can begin at that time . Thoughts?
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