The thesis here is that in the next 540 days Equinox Gold will fully resolve the disputes that had closed the Los Filos mine and crushed the share price
Network effect + basic supply and demand fundamentals = second quarter profit of US$10.2-billion with more to come.
There are benefits to having a CEO who must see a lot of deals, but there are also legitimate questions to be asked.
Ending up with a less than half of the combined company is a lot of dilution for a cash pile of unknown size and an NYSE listing.
The effort, capital and innovative thinking required to capture more of a shrinking pie isn’t worth the effort for BCE or Rogers.
A short post on small position that illustrates asymmetrical outcomes.