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sdl vs eqx

  1. Papertigger
    4,420 Posts.
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    08/02/11
    15:51
    Post #: 7859903
    I have been looking over EQX, who aren't that far physically from SDL, and have some nice looking mag anomalies under licence. I notice they have yet to drill any holes, but they have some decent rock-chip numbers in hematite and magnetite resource. Has anyone got thoughts about whether EQX are worth their current mkt cap of 330 million (ie 1/4 of SDL), and how they compare with SDL?
    SDL Price at posting: 52.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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