Take your rose coloured glasses off. In reality the facts are...

Take your rose coloured glasses off. In reality the facts are still pretty clear to most, and that is without a substantial increase in the quality and the size of the resource eqx will remain stranded and given respect news that area has a proven below market expectation resource opportunity to improve this without substantial exploration investment dollars is unlikely. Even with the low labour costs of the region the processing of the low quality ore which they have is very expensive and far outways the return on the investment and project viability. Cannot see them finalizing any deal within the near future, potential partner would be crazy to invest in EQX, when uncertainity around IO prices and unsecured customers. EQX is a very risky proposition for any potential partners and financier and there doesn't seem to be any prospect for improvements on the horizon.

Share price is not just at a 12 month low at 28cents with a long term weakening buy side it is more like a 5 year low.