I have given up tring to predict the future. I am in the gold and diamond trade and I never thought gold would go this high. Diamond prices have appreciated +20% this year alone.
Life is a cycle of boom and bust. I have read that MAc Bank is bullish and others are bearish.
Even if spot price retreats EQX wont HAVE A BIG capex or huge cost of production.
EQX, if it delivers, should go to +$1B market cap regardless.
The producers + high cost operations will suffer the most.
Just remember Cash is king. THe market will always find a way to screw us all. Take profits and bank it to buy some thing tangable and hard... land/houses
IMO DYOR
EQX Price at posting:
$2.83 Sentiment: Buy Disclosure: Held
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