RE:RE:RE:RE:Equinox Gold Reports Third Quarter 2023 ResultsPlease share why you say...Obviously the market believes EQX is undervalued. Where are you getting this information out of the market????
Obvious to me means the stock should have jumped up at least $2 bucks today. Lets see....oh we are back to where we were on October 19th and September 7th before that. The only reason we are even over $6 bucks is that the price of gold is up because of the Israel War and nervous conditions in the Middle East.
Nine more months until Greenstone production and then another 2 years until that project reaches full production.
So for the next 3 quarters (Oct'23 to end of June'24) we will produce 440,000 to 460,000 ounces of gold and will have about 7.5 million bucks of Net Income. WOW!!! 3 cents a share earnings.
Yep we have a real Barn Burner here that is undervalued.