EQX equatorial resources limited

Hi squid. Did you not read what I posted about Core Mining...

  1. 8,602 Posts.
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    Hi squid.

    Did you not read what I posted about Core Mining during the last week.
    Case Study: Core Mining's Avima project phase 2 sees significant cost reduction and real volumes at truly competitive CIF costs.
    DSO Road, First 3 years at 3Mtpa by Road, Barge and ship to China. Cost CIF China $80 per ton.
    Port and Rail infrastructure Cost CIF China $45 per ton. That would be based on shipping 35Mtpa of High Grade DSO.

    How are EQX going to be exporting by Road through Core Mining? Core Mining talking of starting to export by the end of 2015 early 2016 for 3 years.
    Are EQX likely to have drilled out a resource, found funding and built a Mine Site to start by end of 2018 to early 2019 when Core are looking to Finish Road Transport of their iron ore.
    EQX going to move real quickly to be able to send their iron ore by Road through Core Mining.

    IMO. I don't expect Core Mining to be exporting their iron ore by Road and Barges to China.
    As I said many months ago, too costly by road for Core Mining. Even $80 I believe they are dreaming or trying to bluff somebody.

    Regards
    Westcott.
 
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