EQN 4.17% 23.0¢ equinox resources limited.

45 m tonnes per annum expansion, page-23

  1. 601 Posts.
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    Hi Bilbar,

    Yes, it was Equinox but the code was slightly different EQR.
    EQR had the Tunkill & Nuckella Hill region. I think I am correct to say that BHP originally owned the tenements way back (60s/70s ??. Helix resources found gold in calcrete and there started a massive share price boom for all companies in the area. I believe someone bought out Helix and a few weeks later ( at some crazy over inflated price)it was then decided that the cost to extract the gold was a little high. Then All plans were shelved until a better more efficient process was developed. Hence the share price of all of these companies dropped. From memory EQR hit 1.44. I had paid about $8000 and owned 24000 shares. It was a very exciting time (as I was a complete novice)

    I have been in a long long time with Equinox and have the house riding on it. So will see what transpires. (Jojo)My wife is very happy with the share price now
    y
 
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