better than sundance...fraction of cap., page-8

What you are all over-looking is that the resource target is for the Myoko prospect only. EQX has another huge prospect to the north called Badongo, near Sundance, which could be as big as Sundance. Aerial mags will be flying in the next couple of weeks, and rock assays due in soon after. EQX has enough cash to drill both prospects starting Jan/.Feb. Comparisons with adjacent resources indicate that decent results on either of these prospects with give EQX a valuation in the $5-10 range. Decent results in both and you are looking at $10-20 range. Hence all the activity in the stock. You are right, all this is being driven out of London where they understand West African iron ore much better.