Post by
gwr on Dec 15, 2020 1:18am
Hard to believe stock price so low
I am simply not sure what the market is pricing in here and in my view EQX is at a ridiculously low stock price. The algos have played havoc here and a big upside move is coming soon, probably very soon. I am mega long this story and not a seller and can't be shaken out of my position. I also can't add anymore as I'm at my limit for a single story, almost as much as our favourite poster.
Comment by
templetooth2 on Dec 15, 2020 1:09pm
Just to play devil's advocate for a minute, low in comparison to what? Electric Vehicle stocks? As against other gold stocks, it strikes me that EQX is trading approximately in line. No?
Comment by
gwr on Dec 15, 2020 1:16pm
Probably trading in line with a 1550 hundred dollar gold price. It also hasn't rerated as of yet with it's peers. I would suggest EQX will see closer to 25 dollars in 2021 maybe even first half of 2021, if markets have sight which they are supposed too.
Comment by
Gottheblues on Dec 15, 2020 4:36pm
All those targets, almost all above 20CAD up to TD Banks 27CAD. Are they counting wrong? So far EQX has things to prove, but it was just a few months we were close at 19CAD. And then Los Filos was blocked. I think we'll see 20CAD in 6 month. The expansion will go on.
Comment by
gwr on Dec 15, 2020 8:15pm
Your data shows EQX underperforming