DonDurrett
I’m ectastic. Calibre is loaded with good projects. Both companies were highly undervalued. I own both. It benefits both big-time. I’ve been doing this for a long time. I love it when I can see upside that will come to fruition. The math is amazing. EQX is going to generate a boatload of cash, which is not built into their current valuation. The combined company is expected to produce approximately 950,000 ounces of gold in 2025, not including production from Valentine or Los Filos. 950M oz x $1000 = $950M (Current runrate) I had EQX growing to 1M oz and Calibre growing to 500K oz production. 1.5M oz x ($4K – $2.2K) = $2.7B FCF x 15 = $40B Current combined valuation is $4.8B $40B vs $4.8B = 700% gain (In about 3 years at $4K gold). And I doubt that EQX is done growing.