RE:RE:RE:WAY BEHINDHorsesmouth2U wrote: I guess you are missing my point. I'm not comparing EQX to any etf or any other stock. I'm simply saying it is trading behind where it was in the past when gold was around $1948 an ounce.
Agree. A lot of gold miners are trailing the physical price of the yellow metal. Although the last time the price of gold was at USD $1948, I'll note that the price of the CAD$ was a lot lower compared to the USD$, nevertheless this still doesn't account for the price discount of many gold mining stocks on the TSX. My hunch is that there is a little bit of catch up yet to be priced into the gold miners; and, as we enter into what is normally a period of favourable seasonality for gold (January, February), I'm hoping that my thesis plays out. So far, so good, at least based on today's trading! GLTA