EQR 4.35% 4.4¢ eq resources limited

Gold

  1. 348 Posts.
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    Does anybody know what they're doing with gold exploration? Their website just says they have exploration licences and I couldn't find anything in the threads (I didn't look very hard)

    With the insane amount of QE going on in the world, it's almost certain that we're going to see new highs in the gold price. I feel like some focus on gold could put a rocket under the SP and get some interest in the business, even if it's nothing tangible, just a plan.

    They're extremely lucky to have done the cr at 3.4c, without that they would be screwed. However, I feel like we need a catalyst to introduce some liquidity for the next leg (hopefully) up.

    They'll be pushing shit up hill to achieve another cr if there's no solid income stream in the near term, micro caps are not favorable in this climate.

    Thoughts?
 
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