The way these things are going, looks like EQX are aiming for a 'fast-track' option to become a producer. Yes very early stages but agreements to use infrastructure already in place, seems like development and exploration might happen in-sync or at least a lot closer than other companies moving from exploration to development.
EQX has already made known they plan a resource and commencement of scoping study this year, a PFS next year though to 2013 including CAPEX upgrades with Mine development set for 2014.
It will be an interesting couple of years ahead. With each of those milestones achieved, along with SDLs successful* progress would really see EQX share price move.
*SDLs success would have a positive impact on others in the area, at this point SDL seems 'undervalued' with its success the next up and comers from these areas will be more 'fairly valued' giving EQX some good momentum.
EQX Price at posting:
$3.82 Sentiment: LT Buy Disclosure: Held
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