Equinox Gold: A Win-Win Merger

I’ve been running the math on reserves and production costs, and I don’t see how this deal can miss. Once the merger is done, the combined company should remain cash positive as long as gold remains above about $1,150 an ounce and can hold its own around $1,000 per ounce.

So, this isn’t a deal to panic over, no matter which way gold prices break from here. Continue buying Equinox Gold at market.

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