WC8, I think I might join the rest of the pack with that blatant downramping post.
I think you may very well know the answer to your post.
the majors have a risk and a benefit profile that they work within. Why not let a minor do all the work, take the risk and then the majors will then cash in on the minors.
Do you think the chinese "just" became aware of equinox and sundance or were they watching them until the risk reward ratio became just right for them to make offers?
don't forget equinox and sundance were minnows at one stage and your post could just have easily been a downramp for them in their infancy
Now, the big question is, are the chinese watching EIO - what do you think the answer is?
EIO Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
