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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 stanjson Jul 01, 2021 7:45am
232 Views
Post# 33478578

EQX is down because gold is manipulated downwards

EQX is down because gold is manipulated downwardsThis is a known fact. Weak gold price, STRONG USD, MORE confidence US bank's trillion dollar derivatives pyramid. 

Miners profitability are crushed by low gold price. This has nothing to do with EQX management. When the price of gold is low, the shortsellers start shorting EQX and more people sell out of EQX due to expectation of low future profitability.

This is the sad situation with Gold Miners everywhere on Earth. The gold price suppression will continue as long as people continue to buy digital hype like bitcoin, derivatives, stocks. The people who buy physical gold are mostly central banks and the wealthy, and Asians about to get married.

You have to ride the wave of price moves, it gold mining stock price goes down, don't fight it.... either sell out and buy back later. Or HOLD AND BUY MORE!!
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