Equinox Gold Corp./ EQX (TSX, ASE)

EQX ist quasi ein Tausendfüßler mit seinen div. Projekten, von denen mir das erwähnte in Kalifornien besonders gefählt. Bin hier mit mittlerer Größe an Bord.

"Equinox Gold Corp. has released the results of the prefeasibility study (PFS) for its 100-per-cent-owned Castle Mountain gold mine, located in California, United States. The PFS contemplates a low-cost heap-leach gold mine with 3.6 million ounces of gold reserves that will produce 2.8 million ounces of gold and generate $865-million in after-tax cash flow over a 16-year mine life.

Castle Mountain will be developed in two phases with annual average gold production of 45,000 ounces over the first three years (phase 1) and annual average gold production of 203,000 oz from years four to 16 (phase 2). With measured and indicated mineral resources estimated at 4.3 million oz of gold (inclusive of reserves), inferred mineral resources of 2.2 million oz...

Christian Milau, chief executive officer of Equinox Gold, stated: "The prefeasibility study contemplates a robust, long-life, high-margin gold mine in an excellent mining jurisdiction that will generate significant gold production and cash flow for Equinox Gold shareholders..."

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEQX-2634209&symbol=EQX®ion=C

Grüsse
Edel

Interessanter Deal : Eine Produktionseinheit , wichtig für Inca One, wird gegen Aktien und Cash verkauft.
EQX verwendet die Mittel zum Ausbau von Aurizon und Castle Mountain zum Mid-Tier Goldproduzenten.

"Canadian junior Equinox Gold (TSX-V: EQX) is selling its 83%-owned, 350-tonne-per-day Koricancha gold mill in southern Peru to fellow miner Inca Gold Corp. (TSX-V:IO) in a deal valued at Cdn$16.3 million ($12.4 million).

The Vancouver-based firm said the deal included certain recoverable taxes, such as Cdn$6 million in common shares of Inca One, a Cdn $9 million promissory note payable instalments, and working capital of about Cdn$1.3 million payable in cash to Equinox Gold within three years from closing and certain additional recoverable taxes as collected....

The company said the sale would allow it to focus on becoming a leading mid-tier gold producer, its core Aurizona and Castle Mountain gold mines."

http://www.mining.com/equinox-…a-gold-12-4-million-deal/

Grüsse
Edel

Aber auch die Wahl des Managements,Vorstandes, u.a mit 99,5 % Ross Beaty als Chairman.

60 % der Solaris Anteile gehen an die Aktionäre, 40 an Equinox. Solaris wird baw. nicht gelistet, dies aber für später erwogen.

"Transfer of Copper Assets to Solaris Copper

At the annual and special meeting, shareholders approved a special resolution with 99.75% of votes in favour of a plan of arrangement (the “Arrangement”) whereby Equinox Gold will transfer all of its copper assets into a newly incorporated company named Solaris Copper. The Company will now seek approval of the Arrangement from the Supreme Court of British Columbia.

Equinox Gold will continue to focus on advancing the Aurizona Gold Mine and Castle Mountain Gold Mine to production while Solaris Copper explores and develops the copper projects to unlock the value of the copper portfolio. Solaris Copper will hold a 100% interest in the resource-bearing Warintza copper-molybdenum project in Ecuador, a 60% interest in the La Verde preliminary economic assessment stage copper-silver-gold project in Mexico, a 100% interest in the Ricardo early-stage copper property in Chile, and is continuing to evaluate additional properties that fit the portfolio. Additional information about the assets is available at www.solariscopper.com...

Solaris Copper Shares will not be listed on any stock exchange after closing of the Arrangement, but the company will be a reporting issuer and will comply with its continuous disclosure obligations including press releases and financial reporting and will consider a potential stock exchange listing...."

http://www.globenewswire.com/n…laris-Copper-Spinout.html

Grüsse
Edel

Equinox mit einem sehr ausführlichen Update. Der Kursverlauf, seit Wochen seltsam nahezu linear flach (aber immerhin vs den meisten Konkurrenten den Kurs haltend), heute endlich in Bewegung.

EQX schildert ausführklich das weitere sehr hohe Engagement des Großaktionärs und Chairman Ross Beaty, der unter speziellen Bedingungen sein Beteiligung erhöht, bestimmt kein Nachteil. für den Naheproduzenten.

Das Aurora Projekt ist soweit fertiggestellt, daß die Produktion Ende 2018 erfolgen soll.
"Aurizona

Aurizona construction is proceeding on schedule to achieve first gold pour by year-end 2018. The overall project was 60% complete and plant construction was 51% complete at the end of June. Pre-production mining activities commenced in April and ore stockpiling commenced in July in preparation for commissioning later in 2018.....

Castle Mountain

The Company expended $1.7 million on exploration and related technical activities during the Quarter to support completion of a prefeasibility study for Castle Mountain. The Company released the results of the prefeasibility study on July 16, 2018, contemplating a low-cost heap leach gold mine that will produce 2.8 million oz of gold and generate $865 million in after-tax cash flow over a 16-year mine life.

Castle Mountain will be developed in two phases with annual average gold production of 45,000 oz over the first three years (“Phase 1”) and annual average gold production of 203,000 oz from years 4 to 16 (“Phase 2”), for total LOM gold production of 2.8 million oz..."

http://www.globenewswire.com/n…er-Financial-Results.html

Grüsse
Edel

Per 3.08. erhalten EQX Aktionäre Solaris Anteile im Verhältnis 1:10.

Entgegen Befürchtungen ist der Kurs nicht gesunken, sondern gestern um satte 9 % gestiegen auf 1,09 C$, da mag das überragende Quartalsergebnis geholfen haben.

"VANCOUVER, British Columbia, Aug. 03, 2018 (GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX-V: EQX, OTC: EQXGF) (“Equinox Gold”) and Solaris Copper Inc. (“Solaris Copper”) are pleased to announce that they have completed the previously announced plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”) with Equinox Gold’s securityholders effective as at 12:01 a.m. (Vancouver time) (the "Effective Time") on August 3, 2018 (the “Effective Date”).

Pursuant to the Arrangement, the owners of common shares of Equinox Gold will receive: (i) one new common share of Equinox Gold for each common share of Equinox Gold held at the close of business on August 2, 2018; and (ii) one-tenth of a Solaris Copper share for each common share of Equinox Gold held at the close of business on August 2, 2018."

http://globenewswire.com/news-…etion-of-Arrangement.html

Grüsse
Edel

Hallo @SilberMillionär

Die Aktie wurde umgestellt auf die neue Isin CA29446Y3041, wird auch so in D gehandelt.
Deine Bank oder Broker müßte Dir diese Umstellung mitteilen, dies erfolgte bei mir per 09.08.

Grüsse
Edel

Eher beiläufig aus Interesse, ob EQX ein vernünftiges Investment sei, habe ich mal die Resourcen überschlagen und bin völlig perplex:
Lt. neuester Präsentation vom 9.08. sind dies:

P&P = 4,5 Miio oz Gold
M$I = 6,0 Mio
Inf. = 2,9 Mio_____________
SU = 13,4 Mio oz Gold in situ

Bei 447 Mio Aktien ergibt das rd. 26 $ /oz Gold in situ, einige Mio cash vs Debt mal weggelassen.

Dies zusammen mit dem hohen Engagement von CEO Ross Beaty, der 40 Mio $ hier investierte und betonte, die Projekte durchzuziehen oder sogar zu erweitern, haben mich ermuntert, den Bestand mehr als zu verdoppeln. EQX ist nun Schwerstgewicht neben KL, WD und KOR.

Grüsse
Edel

Der Großinvestor, Gründer und Hauptaktionär von Equinox Gold im Interview mit CEO.CA. Ihn habe ich bereits im Goldaden zitiert, soweit es seine sehenswerte Einschätzung des Golmarktes und Minensektors betrifft.

Aber hier interessiert naturgemäß seine Planung und Einschätzung zu seinem vermutlich letzten größeren Vorhaben, er hat ja einige Unternehmen bereits gegründet und zur Größe geführt.

Besonders wissenwerti m.E. ist, daß Beaty darauf hinweist, daß nur ein kleiner Teil exploriert sei mit hohem Potential. In meinem Vorbeitrag erscheinen aber bereits beträchtliche Größenordnungen von Gold Resourcen...

"I am trying to build a very large gold producer that will rank highly among the mid-tiers or possibly even higher” - Ross Beaty on Equinox Gold (TSX:EQX), where he has invested over C$40 million in the past year.

I decided to build a gold mining company because I love gold for all kinds of reasons and I believe this is a good time in the cycle to build a large gold producer. This will probably be the deal that bookends my career and I intend to build Equinox quickly because I want to take advantage of the current weak market in gold mining shares. I’m an impatient person and I intend to accomplish this in a few years, not adecade....

Equinox has two flagship assets, the Aurizona Project in Brazil and the Castle Mountain Project in California. Aurizona is under construction right now and we plan to have our first gold pour before the end of the year; Aurizona will produce 137,000 ounces of gold per year at an all-in sustaining cost of US$754 per ounce. Castle Mountain is a bigger project with nearly 4 million ounces of gold in 2P reserves, and it will produce over 200,000 ounces of gold per year at an all-in sustaining cost of US$763 per ounce.
There is lot of room for organic growth at both Aurizona and Castle Mountain, but we are also committed to growth through mergers & acquisitions.

Aurizona is a really big deposit. You would call it a gold camp which means that there are a series of veins that extend deep into the earth and they are very extensive laterally. Only one part of the project has been explored to date and that is the part of the project we are building a mine on. This part of the property only represents a small portion of the total property package. We expect the open pit portion that we are building now will be in operation for many decades. In addition, we expect to explore the underground potential at the project because these structures that come up to surface extend as far as 600 meters below surface. I expect these veins to form the foundation for a long lived underground mining operation. These expansion plans will be developed over the next few years and they will be funded by a combination of external sources as well as internal cash flow. .."

https://ceo.ca/@goldfinger/gol…eatys-unfinished-business

Grüsse
Edel

Die aktuellen Ergebnisse -- blendend, weil oberflächennah -- passen gut zu der bevorstehenden Wiederaufnahme der Produktion beim Aurizona Projekt. Das Management weist auch dabei hin, daß erst 15 % des Piaba Gold Deposits exploriert sind mit hohem Potential.

"Tatajuba drill highlights:

• 1.25 grams per tonne gold (g/t Au) over 44.0 metres and 4.37 g/t Au over 38 m in hole D644;
• 1.36 g/t Au over 37.0 m in hole D645;
• 1.17 g/t Au over 29.0 m and 2.06 g/t Au over 5.0 m in hole D646;
• 1.96 g/t Au over 35.0 m in hole D647;
• 1.11 g/t Au over 22.2 m in hole D648;
• 2.18 g/t Au over 8.0 m in hole D650;
• 1.42 g/t Au over 19.0 m in hole D651;
• 2.55 g/t Au over 10.4 m, 1.07 g/t Au over 9.8 m and 1.66 g/t Au over 6.0 m in hole D652;
• 1.11 g/t Au over 28.4 m in hole D653;
• 2.09 g/t Au over 20.0 m in hole D654.....

Tatajuba drilling has delivered excellent results with continuity and grades typical of the Piaba gold deposit," said Scott Heffernan, executive vice-president, exploration, for Equinox Gold. "Only about 15 per cent of the four-kilometre-long target has been tested to date, highlighting the potential for significant resource expansion along strike from existing reserves and confirming our belief in the potential of the Aurizona camp."

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEQX-2655632&symbol=EQX®ion=C

Grüsse
Edel

Der Markt reagiert berechtigt, auch ich habe EQX gefeuert mit engem SL.

Aurizone steht kur vor der Inbetriebnahme, und es gibt noch andere Baustellen, m.E übertreibt Beaty hier bei näherer Betrachtung mit zu schnellem Wachstum....

Grüsse
Edel