EQN equinox resources limited.
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Copper looks great long term, just the stockpiles are rising on...

  1. topcall44
    803 Posts.
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    28/07/09
    10:32
    Post #: 5437809
    Copper looks great long term, just the stockpiles are rising on the LME. In addition I would add to this when the revised production figures are out from the company. Initially the management forecast 170,000 tonnes in 2009. Maquarie then came out with a note 130,000. My concern is they have produced 22k in the first quarter and 24k in the second, so there clearly needs to be a revision in managements nos and depending on how the ramp up is.
    EQN Price at posting: $3.18 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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