RE:Analyst TargetsAs part of their acquistions and their reserve computations, studies used US1,400 per ounce gold. Analyst follow had followed and used the same.
With printing all that money that central banks are doing, where do you think gold will go?
If they use a higher price for gold, their reserves will increase, AT NOT FURTHER COST!
They have already done the geologic work. They even have some previously stocked "waste" piles that are now worth rehandling.
EQX has some serious torque, with increasing gold prices. Good luck Longs.