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Bullboard - Stock Discussion Forum Equinox Gold Ord Shs T.EQX

Alternate Symbol(s):  EQX

Equinox Gold Corp. is a Canadian mining company operating entirely in the Americas, with eight producing gold mines. Its operating mines include Aurizona Gold Mine, Fazenda Gold Mine, Santa Luz Gold Mine, RDM Gold Mine, Los Filos Gold Mine, Castle Mountain Gold Mine, Mesquite Gold Mine and Greenstone Gold Mine. Its development projects include Greenstone Project, Los Filos Expansion, Castle... see more

TSX:EQX - Post Discussion

Equinox Gold Ord Shs > SO SO SO BAD YOU CAN ONLY LAUGH
View:
Post by Horsesmouth2U on Dec 01, 2022 2:50pm

SO SO SO BAD YOU CAN ONLY LAUGH

On November 3rd gold hit a low around $1,617.00. We hit a low of $3.23 and closed at $3.44. Today we are hanging in around  $1,802.00\ounce. So gold is up $185.00 dollars US and we are trading around $5.20.
Gold is up $185 and EQX is up $1.76 per share. So overall we have moved up less than 1 cent for every dollar rise in gold. HOW BAD IS THAT!!!!!!!!!!!!!
Extrapolate and $2,000.00 gold will only bring us to $6.05 to $6.15 a share. Now if Solaris Resouces moves up to $8 or $9 or more that will have an effect on the worst gold producer in history.
Comment by Horsesmouth2U on Dec 01, 2022 3:13pm
SORRY...mistyped....should be $7.05 to $7.15 a share.
Comment by Gottheblues on Dec 02, 2022 1:28pm
The worst performing often gets the best performing. If the case is right. They still do what they have promissed when it comes to build the company stronger. The cost is the problem. We have been to early in this stock, thats a sorrow. On the other side, in one or at most two years, I strong belive adding at this level will pay back several times.  The worst performing often gets the best ...more  
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