Lukeyvee - go back over all the announcements since 2012 -Â http://www.equusmining.com/asx-announcements/
This company has been operating for close to six years and have jumped from one commodity to the next bringing little to no return on investment for most shareholders.
First, it was copper and they raved about how amazing the resource was. Then with nothing more than a one liner hidden in one of their announcements they dropped that project and moved into coal.
Second, bring on board the amazing coal baron Locktenberg and what has he achieved with their coal deposits thus far? Coal prices have skyrocketed since and they still can't find a partner? Why is that?Â
Thirdly, if you buy the whole delay in assay results story then you're pretty gullible. The company have been battling it out over the land they staked for Los Domos and only recently was this partially settled as it still needs to be written into law.
If you read any of the Spanish links I uploaded several environmentalists tried to enter certain areas of EQE's grounds only to find big padlocks on the fences. Sounds to me like there isn't much work going on despite the claims that the climate in Chile allows for year round mining. Yet here we are without a sniff of assay results.
Lastly, most of the Top 20 shareholders were given their shares through remuneration. Granted there have been a few purchases but the main cheerleader isn't part of the team and has been ponying up the money with his own cash. No wonder he is so desperate to believe this project is still a winner.
Look at the share price. None of these supporters or management for that matter have even stepped up to the plate to put some upwards pressure on the price simply allowing it to drop down even further.
Why hire Mr Braham when they haven't even shored up the resource? His bio goes on about his experience from 2001 to 2008. How about some details on the deals he's closed for junior's recently. Not deals from ten years ago. You're right about his salary. He's been out the game for too long.  Â
These guys can't even take five minutes to update their website with the new board changes. Where are the change in sub holding announcements from the most recent raise?
- Forums
- ASX - By Stock
- EQE
- News: EQE Equus Mining's Edward Leschke Resigns As Managing Director
News: EQE Equus Mining's Edward Leschke Resigns As Managing Director, page-6
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EQE (ASX) to my watchlist
|
|||||
Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.65M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
EQE (ASX) Chart |
Day chart unavailable