EQX equatorial resources limited

Granger,They are only slightly ahead of EQX in that they have...

  1. 605 Posts.
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    Granger,

    They are only slightly ahead of EQX in that they have drilled some holes. Holes do not constitute a resource. I understand quality on the DMC side is not at good as EQX. The mag res imaging undertaken by EQX shows a much larger anomaly then DMC and you have to remember that they have additional acreage near SDL as well. Resource is a JORC, not drill holes.

    I think the fact that Stirling paid 83 million plus royalties is definitely a massive positve for EQX as it is a much larger project potentially.

    I guess how good the targeted reserve is will be unveiled sometime soon.

    The Buzz
 
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