re: Ann: Form604 Notice of change of interest...
pete11, after selling SDL I pulled some of the cash out of the market and used the rest to add to my EQX holding. EQX is well over 50% of my portfolio. I'll actually be buying more tomorrow morning. With M & G and Vanguard adding further to their holdings I'll simply be following the smart money.
Personally, I think the company keeps us very well informed. Go back over the last few months and have a look at how many drilling updates, mettalurgical updates, and presentations they have released. I've got a good idea of what's going to be coming up over the next few months, we all should. Remember that the company can't release feasibility type information until releasing the maiden JORC.
The depressed share price can be traced back to weak global outlooks and falling IO prices. Until the market knows what sort of OPEX/CAPEX costs we are looking at to produce at Mayoko, the company will continue to get hit somewhat.
I'm still confident, but a better global outlook would help the company. We are still just an IO hopeful at the minute remember.
EQX Price at posting:
$1.83 Sentiment: Buy Disclosure: Held
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