Post by
Horsesmouth2U on Jan 11, 2023 10:02am
AND THERE YOU HAVE IT
Another Press Release and down she goes. Every Press Release for the last two years or more has taken the stock down.
Nothing here for another year.
Comment by
tarnoir on Jan 11, 2023 2:40pm
This company "should" have good leverage to gold, so if gold is up, she should gain traction. from most angles, this is one of the best risk vs. reward scenarios. They are over 500,000 oz/yr and you can buy that production for $1.6 billion. Seems crazy!!
Comment by
Gottheblues on Jan 11, 2023 2:53pm
We'll be fine. https://equinoxgold.com/_resources/investors/presentations/EQX-PPT-20230111-CorporatePresentation-Final.pdf
Comment by
Horsesmouth2U on Jan 11, 2023 3:51pm
You're correct, however for now their AISC remain high and will only slowly drop over the next year. When Greenstone starts producing (probably April '24 at the earliest) the AISC will drop significantly. For now and the future it will be the same YOYO, Manipulated trader that it is.