EQN equinox resources limited.
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Hi everyone,The copper price is rising fast and EQN is rising...

  1. jojosydney
    9,509 Posts.
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    02/09/10
    03:49
    Post #: 7145572


    Hi everyone,

    The copper price is rising fast and EQN is rising with it.

    As I speak the price is now A$5.41 up more then 8% on the TSX.

    Just remember EQN will produce at least about 300 million lb of copper this year with the last production costs coming in at $1.19/lb.

    With the copper price now above $3.42/lb they will make more then $2/lb profit before tax.

    This company will have its own money printing machine with their huge Lumwana copper mine at these copper prices.


    Good luck to everyone.

    jojo
    EQN Price at posting: $5.09 Sentiment: LT Buy Disclosure: Held
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