CURIOUS WHAT THE BOARD THINKSWhat would all you people that are a lot smarter than me think of the following:
EQX cuts operations in Ontario by 1\3 until such time as the price of gold recovers.
THEN::::::
1.) Use maybe 1/3rd of the money not going into the project to buy back our stock.
2.) There are probably many small gold projects ready to come on stream that can not raise money or are seriously delayed and we scoop a few of them. Better than what we did in Ontario using all the cashflow for a project that will take another 2 years.
SOMETHING: Management is totally silent. Is there a plan or do we keep bleeding on the stock price. R. Beaty although he does not have a crystal ball was totally wrong about gold right now.
WOULD SURE LOVE IT IF HE WENT INTO THE MARKET FOR 1 MILLION SHARES AND TOOK IT TO THE SHORTS.