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Equinox Gold Ord Shs T.EQX

Alternate Symbol(s):  EQX

Equinox Gold Corp. is a Canadian mining company operating entirely in the Americas, with eight producing gold mines. 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, Mesquite Gold Mine and Greenstone Gold Mine. Its development projects include Greenstone Project, Los Filos Expansion, Castle Mountain Expansion, and Aurizona Expansion. Aurizona Gold Mine is an open-pit gold mine located in northeastern Brazil near the town of Godofredo Viana in Maranhao State. Greenstone Gold Mine is a multi-million-ounce gold project located in the top-tier mining jurisdiction of Ontario, Canada. Fazenda Gold Mine is located within the Maria Preta mining district in Bahia State, Brazil. RDM Gold Mine is located in Minas Gerais State, Brazil, about 560 kilometers (km) north of the state capital city of Belo Horizonte. The Los Filos Mine Complex is in Guerrero State, Mexico.


TSX:EQX - Post by User

Bullboard Posts
Comment by PeterHHon Jan 02, 2018 8:18pm
182 Views
Post# 27266592

RE:Gold and share price??

RE:Gold and share price??I'm with you bottomfeeder, it is odd.  But personally, I was hoping it would slow down as I never got my ducks in order to gain a big enough position in early December.  Seems like someone wants out (volume was double today versus the last few weeks) and I will be happy to pick up their pieces.  I imagine it will still take some time for this story to get out and for the institutions and ETF's to get involved.  Heck, on the TSX site, it still shows there is only 177M shares outstanding and a market cap of $192M.  The OTC figures are similarly still not consolidated.  That may have no impact at all but just a note.

It is kind of odd though - no news out, gold way up, GDXJ up 3%.    

Similar to other posts on this site, I think this has huge potential.  I estimate Aurizona alone is worth north of $500M USD (extremely conservatively at these low gold prices) so the total company could easily be a $1B cap USD plus.  Beaty wouldn't bother with this unless he knew the potential.  Makes me think of following Sprott into Kirkland late 2016 via Newmarket!  That has been an epic ride and it proves that if you follow the names you can make some big gains.   

Best of luck!
Bullboard Posts