EQR 3.51% 5.5¢ eq resources limited

Ann: 'Hard Rock' Project - Environmental , page-12

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  1. 6,752 Posts.
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    re: Ann: 'Hard Rock' Project - Enviro... To a certain extent I agree.
    I believe that this is a viable project.
    Probably more viable than the board to date.
    There are many positive things happening. Mitsubishi are putting up,funds and that is an achievement.
    There is a take up agreement and that has legs.
    The tailings are being processed even at a snails pace.

    The place is underpriced and there is an upside to the share price.
    The board is a different beast than it was last year. The changes have reflected the move to marketing CNQ. The miners need to take a backwards step and get the brokers interested.

    If this does not happen believe me a viable mine with an expected mine life of over ten years will be taken over for under $20,000,000.
    We are so frustrated we will almost accept anything.

    In my opinion if the board has the interests of share holders at heart they will get out and sell the CNQ story otherwise we will all be dudded, including the major shareholders on the board.

 
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