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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

Comment by Concojoneson Jul 12, 2022 10:38am
183 Views
Post# 34817869

RE:CURIOUS WHAT THE BOARD THINKS

RE:CURIOUS WHAT THE BOARD THINKSNo, the best thing they can do from a shareholder perspective is put it all on Greenstone.

Your suggestion wouldn't make Greenstone cheaper to build, it would make it more expensive in the end and it would delay the cashflows. These cashflows are the thing that will give the company its value if gold prices keep falling to the point where marginal mines (such as the ones you're suggesting spending money on, because low-cost mines never have funding problems) aren't worth operating anymore.
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