Post by
Dominion on May 09, 2024 2:42pm
I TOLD YOU SO
Let me first off by saying I TOLD YOU SO. About 2 to 3 years ago I said EQX was almost identical to IMG. Super Super High Costs, and Always new problems arising. Well nothing has changed and almost nothing will. Stop throwing your hard earned money to this LOSER company. If a company cant make money at 2300 gold that's your tell tale sign to exit. Just like today's exist. (I TOLD YOU SO). This company only exits to enrichen the white collar office workers. Irrelevant of what the stock price is, they will always make 300 - 600, 0000 a year. So you're probably saying, well it will be a good company in the future with Greenstone. SO WHAT???? Smart money sold today because every other good undervalued company will doulble or triple in the next year. And SO WHAT this company goes up in the future. Every other company will to. Looks like this company needs 4,600 Spot Gold to even just doulbe to $14. I'm not claiming bankrupcy, will most likely never happen, but for all the people out there who keep believing when management says Ross owns 8% of the company. Even if this company were to go bankrupt, Ross is first on title to get back every single penny into this. Next is the banks and Hedge Funds. Guess whats left to the shareholders?. This company will always have problems. Expect a possibe guidance revision this year. I'll be back to say I TOLD YOU SO. Expect the stock to crash as soon as ORION sells there shares. I'll be back to say I TOLD YOU SO. Expect Los Filos to possibly be suspended indefinatley, and another major guidance revision. Expect possible further problems in Brazil. All this whiie they keep getting hefty payckeques. Stop paying their wages. Thousands of better stocks and sectors to own with MUCH LESS RISK rather than being a bag holder here.
Comment by
Horsesmouth2U on May 09, 2024 3:31pm
You hit it on the head Dominion. You and I are the only two posters on EQX that have been basically saying the same thing. Now we have a lot of debt to pay off as well. I doubt we will hit $8.25\share this year. Lets listen to R. Beaty this afternoon and see what additional BS he will add to the picture. The last 2 years he has been in left field.