No chance of ever being an equinox.
Business side: They have diluted far too much. Look at the number of shares. Equity issuances were excessive IMHO. They did not do a particularly good job of respecting their cash burn rates. In particular a large board and overly generous compensation for starters.
As for the mine, comparisons could be made in terms of total copper, Equinox's Lumwana was metamorphic shists while Marengo is igneous porphyry. Porphyry is typically more expensive to extract. Marengo is a sizable resource from all indications, though the grade is not particularly stellar, It is however a candidate for production and can be done via open pit, an inexpensive method.
This stock had all the risks of equinox, but has only 1/5th the potential for returns. I know many investors who are spooked by the delays and by management's performance. Some may come back after the DFS. I'm only marginally less critical, but still a believer in the project.
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