Not much holding EQX back now.Closed @ .56,thats equal the previous high on 22/06/10 @ 0.056 pre share reconstruction. Expect to see EQX roar some more tomorrow.
A positive from Sundance SDL today.They were up 19.355% on volume of 102 million shares traded.They just signed an MOU with China Africa Construction CAC to establish scope cost and delivery programme for railway track and rolling stock for their 3 billion dollar Mbalam iron ore project,which is expected to start production in 2012.
Equatorials Badondo iron ore project BIP is 100km away fom the Mbalam project.Can only be a positive for this newly emerging world class iron ore area.
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EQX Price at posting:
56.0¢ Sentiment: Hold Disclosure: Held
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