Equinox Gold Ord Shs T.EQX

Excellent move

[PianoMan]

The Market does not hate the deal otherwise EQX would have fallen much more. With any instant dilution there is an immediate knock down. Firm traders will do that even if they like the deal. 

If gold stays in this range and when commissionning is going positively, re-rating will come.  

It is a bold move. Any gold stock will drop if gold goes to 1800 but EQX is betting that GOLD will stay high showing that it has balls and this mine is a company maker.

For this mine (very low AISC), POG is important of course but not as critical compared to low grade high AISC mines. 

Look at the news today, how much LUG paid today to get a royalty back from Newmont.

[5oceans]

Just look at the jump on NGT.  I am hoping for the same here.

[Horsesmouth2U]

TOO FUNNY. More Pearls of Wisdom (Not) from the Caveman. You must of graduated from the Course 101 in 'How To State The Obvious' with flying colors!. If gold stays in this range and when commissionning is going positively, re-rating will come. Any gold stock will drop if gold goes to 1800. For this mine (very low AISC), POG is important of course but not as critical compared