the only way is up,and why, page-161

Hi Gibba,
Sorry for the delay in responding - OS on holidays - back to base next week.
Here are some answers, in CAPS, to your response to my post:

Did your research find that we have the massive extension of the AKI/CFE strike? YES IT DID. BUT AKI HAS 230MT DSO PLUS MATERIAL TO ENRICH PLUS MORE TO FIND TOO. BY YOUR EARLIER POST ON THIS THREAD AKI 5 MT P.A. AND EQZ 3MT P.A.
USING JUST 230MT DIVIDE BY 5MT P.A. = 46YEARS SUPPLY !!
HOWEVER THIS IS NOT A GAME OF WHO IS BIGGEST - IT IS WHO IS QUICKEST TOO - WE HAVE ALL SEEN THE SUPPLY / DEMAND FORECASTS OUT TO 2020. AKI ALREADY HAS A JORC RESOURCE AND IS LOOKING TO MID 2013 TO SHIP DSO - THIS IS THE CRITICAL DIFFERENCE EQX IS STILL PROVING UP.

Also do you see the royalities AKI has to pay to CFE and AKI does not own it 100%? AKI ROYALTIES TO CFE $1 / TONNE - INSIGNIFICANT. AKI OWNS 72% OF BADONDO AFTER PAYING TO HAVE TO HAVE THE GOVERNMENT ONBOARD - A GOOD MOVE IMO.
AKI 5MT X 72% = 3.6MT P.A. V EQX 3MT - YOUR FIGURE ( I HAD THOUGHT THAT EQX WAS GOING FOR 5MT)

Do you see the share structure and how much inst + management owns the stock? AKI CURRENTLY TRADING ON VERY LOW VOLUME - THE SMART PLAYERS WHO GOT SET AT 30C ARE IN FOR THE RIDE. IN THIS CASE ALL SHAREHOLDERS WHOEVER THEY MAY BE ARE THERE TO MAKE MONEY - AS YOU WOULD EXPECT.

Then you realise why EQX has a bigger capitalisation.
THAT WAS ONE OF THE REASONS I BOUGHT MORE AKI - AS ABOVE APART FROM MAKING MORE MONEY THAN EQX, IT WILL BE SPREAD AROUND ONLY 100M SHARES, NOT 300 M AS IN EQX - IS MY LOGIC WRONG OR DOES THAT MEAN 3 X AS MUCH ?

The market is talking. YES I AGREE. TODAY EQX DOWN - INVESTORS WHO LAST WEEK PAID $3 ARE WELL UNDERWATER. TODAY AKI UP - ALL ON SMALL VOLUMES - THE INSTO'S WHO HAVE BET ON BOTH OF THESE PLAYS ARE STAYING PUT AT PRESENT.

Do you realise that AKI share price is below its IPO price?
Everyone is under water!! I THINK THAT I HAVE COVERED THIS ABOVE.
FINAL THOUGHTS - BOTH ARE GOOD PUNTS - IMHO AKI IS BETTER AT PRESENT ESP BECAUSE IT CURRENTLY HAS THE JUMP ON EQX. SEE AKI PATTERSONS UPDATE OUT YESTERDAY - ALL COSTED OUT ETC. EQX IS WELL BEHIND. EQX HAS BADONDO BUT THE MARKET WILL PLACE LITTLE VALUE ON STRANDED ASSETTS IN THIS RACE TO THE LINE. IMHO SUNDANCE, MORE TONNES THAN IT WILL KNOW WHAT TO DO WITH AND IN ANOTHER COUNTRY WON'T REALLY WANT TO KNOW EQX IN A VALUE WAY - EQX SHOULD SELL BADONDO TO THE CHINESE DIRECTLY TO THE SOUTH - IT SEEMS THAT THEY NEED TO BULK UP TO WARRANT THE COST OF BUILDING THE LINE AND PORT
FACILITIES.
ANYWAY GIBBA - IT IS GOOD TO HAVE THIS DIALOGUE WITH YOU AND I AM WILLING TO LEARN WHERE i AM WRONG. I DON'T DISCOUNT BUYING BACK IN TO EQX IF I FEEL THAT THE PRICE IS RIGHT AND WILL CONTINUE TO WATCH EQX CLOSELY.
AS ALWAYS DYOR.
ADH