Equinox Gold Ord Shs T.EQX

HOW BAD IS THIS

[TrueGold]

On February 17, 2021 Gold was trading at $1,772 just about where it is today and in the after market. Back then EQX was at $11.70\share.
So how is it that over 2 months later we are trading at $10.30\share when we are supposed to be growing daily!!
EQX is as easily manipulated just as the US Government manipulates the gold market......which in my opinion is so sad for a company that is headed by Mr. Ross Beaty.

[Horsesmouth2U]

Well back on March30 you posted you started buying EQX around $10.00. Did you sell any when it hit $11.25ish a few weeks later. Hope you did as that would be a nice return for a couple of weeks.  I agree with you 100% though. Can't figure out EQX for the life of me. I see it as a bling follower of the the seniors. If they are down we go down. Seems like nothing stands out with Equinox

[stanjs]

My guess is someone is shorting EQX as part of a long short portfolio structure. The thing is, the only way to break this is a higher price of gold. As long as the price of gold remains low < 1800/oz, there is no buying pressure to overcome shortsellers. 

[stanjs]

A higher price of gold is needed to convince value investors about the profitability of EQX mining machine and buy the shares.  If you are a trader, you need to buy low and sell higher to a greater fool. These value investors are therefore late buyers whom we will sell to.  Therefore, logically, we should be buying in just after the rebound from this dip.  EQX share price is

[stanjs]

Could also be that funds are long leaders and short laggards within GDXJ components.  EQX has been lagging and bound to get the short leg, silver miners are favorite leaders.  However, if you look at what happened in the past 6 months: strikes at Los Filos, acquisition, share dilutions, etc.... all the bad stuff has already taken place and no more surprises to the downside. Look at

[Captaincommodit]

That or someone trying to make warrants expire worthless in Oct lol