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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

Post by MisterMarketon Apr 01, 2021 12:51pm
440 Views
Post# 32923495

I'm Not Worried.

I'm Not Worried.Equinox is a good stock.  Management has a plan, to be a million ounce producer in a couple of years and develop their properties to their full potential.  They are on track.  They are doing a good job.  The company is a bet on the goldprice and the state of the company in a year or two. 

In the past few months gold has been hit hard and EQX has been hit harder.  Gold moves up and down.  We must be coming to the bottom of the trough now.  About a year ago Premier went under $1.00, it had good prospects like EQX.  It didn't take long for PG toi bounce back to $3 plus.  Equinox is now in a similar situation.  Sometimes it trades under $10.00 (and $8 US).  I think EQX will take another jag down and bounce back quickly to a more reasonable price.

I came over from PG.  I think PG shareholders will like Equinox.  The two companies are similar.  PG had A LOT of good expl and dvp projects.  EQX has A LOT of good mines with potential.  Remember it is a bet on the gold price and the state of the company in a year or two.  Even without a good gold price I think Equiunox could make money.  It's not the gold you produce that's important, it's the $$$ you make.  GLTA.
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