Post by
miltrader2891 on May 05, 2022 7:47am
Equinox Gold - Long-term
You sell and I will buy. The reduced production due to waste stripping to create more production later on in the year is an opportunity to buy the stock at cheaper prices. The suprressed price over the past few months was a pricing in of the rcently reported quarter and the capitulation was the "have nots" selling out of fear and emotion. Anyone who understands these gold mining operations knows that these prices are a blessing, another opportunity to get into EQX for those who missed the boat. Buy when things look bad but aren't actually bad.
Comment by
ppp on May 05, 2022 8:46am
More to do with the fear that the expansion costs will skyrocket. Same as IMG. Gold needs to show strength in order for this to increase.
Comment by
Gottheblues on May 05, 2022 11:18am
We're really in deep sh*t if the manipulated spot price in US is our only hope...
Comment by
Horsesmouth2U on May 05, 2022 4:00pm
Should have invested in a grassroots junior rather than this POS. That webcast was so pathetic I wanted to puke. No wonder Beaty didn't show up.