It would seem odd to sell into the lead up to the Mayoko JORC, further metallurgical test results from Mayoko, Badondo drilling results, and possible news regarding a tie up with Exxaro. I guess there is no definitive timeline on those events though, but trying to perfectly time when to sell then when to re-enter can be dangerous. Because the stock is so illiquid I'm not sure how useful charting would really be with this stock.
EQX has always been a long term hold for me, and I'm happy to continue adding to my holding at whatever the price is when I have the spare funds. You tend to average out your entry price naturally that way.
It's been quite a long wait for a maiden JORC resource statement at Mayoko, so I'm looking forward to that as well as the company hopefully releasing some information regarding possible development options and the associated CAPEX/OPEX figures.
EQX Price at posting:
$2.12 Sentiment: Buy Disclosure: Held
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