RE:RE:HOW BAD IS THIS A higher price of gold is needed to convince value investors about the profitability of EQX mining machine and buy the shares.
If you are a trader, you need to buy low and sell higher to a greater fool. These value investors are therefore late buyers whom we will sell to.
Therefore, logically, we should be buying in just after the rebound from this dip.
EQX share price is now trading at the price of gold 1740/oz on March 14th (current price of gold 1770/oz).