EQE 0.00% 5.0¢ equus mining limited

News: EQE Equus Mining's Edward Leschke Resigns As Managing Director, page-11

  1. 143 Posts.

    If you want to know what's "really" going on behind the scenes then do yourself a favour and read all the Spanish language articles -


    https://www.elciudadano.cl/chile/aysen-toxicologo-ambiental-alerto-sobre-efectos-de-exposicion-constante-a-metales-pesados-y-gases-toxicos/11/29/

    https://laprensaaustral.cl/nacional/pdi-investiga-destruccion-de-fosiles-de-20-millones-de-anos-en-camino-construido-para-una-mina/


    You've got the idiots at Mandalay Resources destroying 20 million year old fossils and lead, arsenic and mercury poisoning by Laguna Gold. Regardless of whether you're a Greenie or not this kind of bad publicity in the area isn't going to result in financiers lining up to invest. It's no wonder Ted Lescheke has run for the hills. Do I hear multi-million dollar Class Actions by the residents of Aysen?


    Where are all the assay results hmmmm? Where has all the money gone from the last raise? If you read back over past announcements it wasn't just T7 that was to be further examined but other targets as well (T1, & T5).


    See: 18th Oct 2017 - 2.81M Placement to Expedite Drilling at Los Domos Project


    Commenting on the successful placement of funds to sophisticated investors, Managing Director Ted Leschke said:


    “We would like to thank numerous long-term shareholders for their ongoing support as well as welcome several new shareholders to our register. With this funding we look forward to embarking on an aggressive drill program at Los Domos. While our initial earn-in program was conducted during an unusually harsh Chilean winter we now look forward to an 8-month window of solid drilling activity and news flow. Drilling is planned to recommence imminently. T1 will be our immediate drill target for which access is complete. Due to unseasonal levels of snow and rain during the winter this target was unable to be tested in our initial drill program. Surface work to date has reported material rock chip samples over a ~430m strike length making this a high priority target.

    T5 will also be drilled expediently where large scale phreatic brecciation and veining has been identified and is suggestive of a large precious metals target zone at depth beneath the one scout hole that was drilled in our first program. Follow-up drilling at T7 will continue to be focused along strike from LDD-001 where strong levels of precious and base metals were encountered at shallow depth."


    People have real short memories on this forum. These guys just keep dangling the carrot. Notice how no one is interested in buying up these shares now. Some of the Top 20 paid 5c. They're not even willing to buy anymore at these bargain basement prices. The share price actually tanked after the Mining Conference in Chile in October. So much for raising interest from investors.




    Last edited by Yamachan: 01/12/18
 
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