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0.00% 0.6¢ sundance resources limited

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  1. taboon
    6,565 Posts.
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    03/12/16
    07:21
    Post #: 21077639
    I dont think EQX are that far advanced...Don't EQX still need to do a lot of drilling yet to confirm JORC resource...They haven't done a lot for a long while, this might be just restating the direction of the company...the Cash balance that has held the value of the company up for so long will now need to be used plus more. I would say they are hopeful just like SDL holders but they don't know diddly squat IMO...

    If they don't receive funding for MINE and they spend their cash confirming resource and DFS etc their SP will drop like a lead balloon with cash gone..
    Last edited by taboon: 03/12/16
    SDL Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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