Equinox pays $1 Bill for 40% of Greenstone.Greenstone grade 1.27 g/t with a 5/1 strip ratio. Total oz proved and probable 5.5 mill.
Increases the Company’s annual gold production by an expected 160,000 low-cost ounces per year with significant near-term EBITDA and cash flow per share accretion.
Suggests to me that Eagle should be worth the same $1 Billion minimum.