wgo - eqx comparison

Just put together a quick comparison of WGO vs EQX. Please note this is the basic facts - DYOR

EQX
89m shares @ $3.81 = $339m mc

Carried out Airborne magnetic and radiometric surveys in August 2010 with positive results - sp rerated up from $0.44.
Placement in Dec - 14m @ $1.80.



WGO
39m shares @ $1.17 = $45 mc

Airborne magnetic and radiometric survey currently underway, initial results due Feb.

Mike Young - MD of BCI has just been appointed a Director.

Jungle Creek Gold Mines Ltd (T Streeter, Director of WSA and FXR) recently brought an 11% interest.

Past assays of 68% Fe.



EQX has potentially got 2 projects and Rail is closer, however the risk/reward defintelys favours WGO imo.

I hold WGO and have been adding over the last week.

Early days for both and there is possiblities that they could be the next SDL ($1.3B mc and not yet in production).