I didnt think they would survive either....IMO they are have been one step off loosing any opportunity to develop this tenement for years....Government has refused to provide Mining lease and has not budged for years, why...no decent drill program, no real plans, no significant funding, no mining licence, sitting on hands for so long means that they are now way back of the que. They need to spend a whole lot more money than they have in the bank to develop this area...i am surprised that they didnt already have a strategic contact in country...why has it taken so long to get one.....it just might be too little too late...
.At least this claytons announcement has given a few long termers an opportunity to exit the stock....
The MC is less than cash in bank, tells you the market values the tenement at less than Zero...lol
EQX Price at posting:
26.0¢ Sentiment: Sell Disclosure: Not Held
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