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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 Straiteon Sep 08, 2021 3:56pm
278 Views
Post# 33826014

Gold price

Gold priceAnyone can explain why on august 6 nonfarm payrolls the gold price declined by nearly 100$ in the following 2 days. (after slight beat of 50-100k on it)
Then, on september 3 nonfarm payrolls (significantly under expectation, maybe dampened by revision of previous number.) the gold price certainly did not go up 100$ but rather dropped by 25$ in the next 2 days.

What would have needed to happen for gold to go up 100$? (assuming a symetric inverse reaction to the previous report could have happened?)
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