Management is always a risk in whatever company you invest in whether it be BHP or EQX.
But the directors here have plenty of skin in the game. Dilution hurts them as much as us. And personally I have been very impressed with everything they have done.
Also Ian Middlemas is very highly regarded and I have faith in his and John's ability to ensure any future financing deal is done with minimum dilution.
I wonder how far off the JORC numbers are. We have all be waiting quite a while for this, and as well all know this will be the first in a series of potential catalysts.
John Welborn stated in a presentation on the 12th of last month that initial JORC is only weeks away. That was over 3 weeks ago so you would think it could be any day now.
I was hoping this week but given it is Thursday already it may be unlikely.
On a side note I am loving the lack of sellers. There is 780 shares available under $2 and only 17,000 shares available below $2.20. I can see this thing flying on any good news.
The fact that there is about 45,000 shares sold short could be the icing on the cake.
EQX Price at posting:
$1.86 Sentiment: LT Buy Disclosure: Held
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