Equinox Gold Ord Shs T.EQX

CURIOUS WHAT THE BOARD THINKS

[Horsesmouth2U]

What would all you people that are a lot smarter than me think of the following:

EQX cuts operations in Ontario by 1\3 until such time as the price of gold recovers. 

THEN::::::
1.) Use maybe 1/3rd of the money not going into the project to buy back our stock. 
2.) There are probably many small gold projects ready to come on stream that can not raise money or are seriously delayed and we scoop a few of them. Better than what we did in Ontario using all the cashflow for a project that will take another 2 years.

SOMETHING: Management is totally silent. Is there a plan or do we keep bleeding on the stock price. R. Beaty although he does not have a crystal ball was totally wrong about gold right now.

WOULD SURE LOVE IT IF HE WENT INTO THE MARKET FOR 1 MILLION SHARES AND TOOK IT TO THE SHORTS.

[Stratocheif]

2 or 3 years ago I saw an interview with Mr Beaty. He said in the gold business you gotta be nimble, read the tea leaves and know when it's time to get out. Interest rates are rising seriously for the first time since before the financial crisis. It may very well be that if they reach 8 or 9%, gold is finished and will revert to $450 an ounce like it was before the zero rates policy brought on

[gwr]

your scenario is the nuclear one and gold would be 10,000 in a heart beat as all countries bankrupt and people hungry and war everywhere.

[tndl]

Interesting post and thanks for sharing. I don't think we will see rates anywhere near that high, the reason being the ability of the U.S. got. to service its debt. If rates increase enough so the government has to pay 5% on the debt ($30 trillion), then just the annual interest payment on the debt is 1.5 trillion. Then do the math on the interest rates you are suggesting. Consider we spend

[Concojones]

No, the best thing they can do from a shareholder perspective is put it all on Greenstone. Your suggestion wouldn't make Greenstone cheaper to build, it would make it more expensive in the end and it would delay the cashflows. These cashflows are the thing that will give the company its value if gold prices keep falling to the point where marginal mines (such as the ones you're suggesting