RE:RE:RE:RE:RE:RE:Equinox Gold Reports Third Quarter 2023 ResultsThe same applies to every single gold company out there. If gold moves up their reserves are worth more.
In the case of EQX that you re referring to 18,000,000 ounces will take 15+ years to mine. Gold moving up helps but Equisnot will need a lot higher gold prices to help the stock.