Post by
Horsesmouth2U on Jul 05, 2022 12:19pm
WHERE DOES THE DIFFERENCE LIE??????
Exactly 1 year ago we were trading at $8.60\share. Gold was $1,775 about the same as today. Oil was $73.00\BBL.
QUESTION:
Does a $37 price rise in Oil justify us being DOWN $3\SHARE FROM A YEAR AGO???????????
Comment by
Gottheblues on Jul 05, 2022 2:27pm
Hard to see why EQX has three years of falling trend. But short trades are increasing anyway. The short sale volume percent for EQX is 67% (!) on Jul 01, 2022. The short sale volume is 811,127. The total volume is 1,203,650. The short sale volume percent is up 4% compare to Jun 30, 2022. We'll be more than fine 2024/25 IMO. Patience... https://shortvolumes.com/?t=EQX
Comment by
Bull2019 on Jul 08, 2022 11:24am
I'd love to see Beatty come in or the company and slap down some cash and squeeze these leeches out. KILLING US
Comment by
Concojones on Jul 06, 2022 12:15pm
Stocks look ahead, my friend. For some reason the market is pricing in lower margins for gold miners. Share prices have dropped fast and it's undoubtedly related to the market's outlook on gold prices (rather than oil prices).
Comment by
Concojones on Jul 06, 2022 12:20pm
One more thing: in my view, the gold price depends on the difference between longer-term expected inflation and real rates. My take is that right now, the market is getting more towards the view this difference will shrink, hence the carnage. Let's see what the future holds.