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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 biker222on May 11, 2022 1:10pm
158 Views
Post# 34674548

RE:RE:RE:Same As Most Mining Companies

RE:RE:RE:Same As Most Mining Companieshorsesmouth....you must come to this board after being on the cannibas board....your constant comments about  wanting dividends and stock buy backs suggests that you have your funds "tied up" in the wrong gold stock! Only an idiot management does things like buy backs to appease shareholders.....Equinox is still building out its business and I dont know of a legit shareholder (institution) that would support using cash flow in such a silly manner. Especially when it may need to plan additional raises tied to greenstone.

This has been a gem to trade, but once POG settles north of 2000 and greenstone is producing this will go into mark up. Los filos was a disaster that set this company back cashflow wise and the leagold merger did not pay off as planned - and will be a hangover until greenstone is up and running ( without cost overlays).

The market caps of the aforementioned dividend payers are a league beyond that of Equinox.

I think you need to re look at your investment thesis and stop complaining of reality.
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