RE:RE:BURN BABY BURNI couldn't disagree with you more Biker222. For Ross Beaty to cut a check for $40 million that is about 1% of his Net Worth; probably less.
I have invested in EQX about 8.5% of my Net Worth. Anyone that was in Leagold and wanted out is long gone. They want to invest in long term assets?? Ross Beaty said he wants EQX around for the next 50 to 100 years. Not long term enough for you??
You just don't understand the games.
Long Term in EQX a good bet - more than likely. However 100's of people thought the same at $17, $16, $15, $14, $13 dollars on EQX. R. Beaty stated in an interview that he would make EQX a million ounce producer in 3 years and that was 3 years ago. Now it will be there in 2024.
STUPID MARGIN!!!! I have the luxury of using a lot of margin money(tens of millions) and I have done so for years. It can work out extremely well for smart investors. EQX is not a huge investment for me and I wouldn't use margin money on it until it was over $20\share.
Anyway you are entitled to your opinions. Mine is that EQX is an easy target to manipulate and at this point in time is a lemming following the lead of some of the majors.
You said..." no need to support stock with buybacks....dividends...thats just plain silly."
Oookkayyy then! You da man.