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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

Comment by Partypanther21on Jan 07, 2022 8:55pm
225 Views
Post# 34295337

RE:RE:AGAIN & AGAIN & AGAIN & AGAIN & AGAIN & AGAIN

RE:RE:AGAIN & AGAIN & AGAIN & AGAIN & AGAIN & AGAINSo what has gone wrong with the company? Just Los Filos. Everything else is happening as planned. Investors have declared this stock dead because of high AISC, Los Filos issues, construction risk at Greenstone and in Brazil at Santa Luz. EQX has always said production will trend up in Q4 and in 2022 the investments they made in 2021 will bare fruit. They spent $50M alone just at Mesquite opening up new mining areas. There are a few catalysts upcoming. 2022 guidance will have a lot lower AISC than 2021 because Los Filos is resolved and they invested a ton in 2021 to keep AISC low in 2022. Then the commissioning of the Santa Luz plant is another catalyst that will reduce risk for investors. I agree it's been a frustrating stock to own, but when Los Filos has really been the only issue I still believe this is a great company that will at least double and most likely go 3x or 4x in the next 2 years.
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