GDXWell not a very exciting day yesterday but gold and all gold miners were crushed. So it would appear the GDX bought 15M shares? And the GDXJ has 8.2M. Combined that is 10.7% of Equinox. Great news in the end!
Now we just have to wait until May 15 for the quarterly number. With an average gold price of perhaps $1600, Equinox should be printing money. And with the stock trading at a well under a 10 time free cash flow and still 30% off its February highs, I see this only going one way.