Ann: EQR acquires Tungsten Producer and Secures $25M Funding, page-59

'Dont be so nieve to think that EQR hasnt done a full DD on this' Ok, as long as you accept that while EQR might have experts in mining, they are NOT experts in Finance and management groups like this have a fondness for creating illusions and then selling to the next sucker for a profit - I wouldnt be trusting them as far as I could kick them.
Regardless of the eventual outcome the market decides and 1 million shares on the buy to 9 million on the sell says they dont like what they see. Not to mention that I can pretty much guess why that top 20 shareholder bailed out suddenly.
As for the PacPartners raising the SP expectation, thats pretty optimistic given we never even got close to their previous target.