EQX 6.67% 14.0¢ equatorial resources limited

better than sundance...fraction of cap., page-12

  1. 226 Posts.
    The problem is the tight supply of shares. Personally I am quite happy with the sp where it is, and we should then wait for the aerial mags over Badondo and then the drilling of Myoko over the next couple of months. $160m is a hefty valuation for a stock without a resource, whatever the story. If it goes much higher it is in danger of becoming volatile, and that is not good for the stock.
 
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