EQN 1.79% 27.5¢ equinox resources limited.

opes and eqn, page-3

  1. 9,508 Posts.
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    Hi bootsnall,

    I have my reservations about the current price weakness and just can not get around the reason for all of this.

    This company should have a share price that reflects their resource and where they are at to bring it in production.
    Now this is not happening right now imho.

    So what is wrong, on the other side we have something bragging that the construction is delayed and behind schedule, this could be true but somehow I do not believe this.
    Maybe there are dark forces being at work to short sell this baby so a take over could be getting ready in the making.

    As you say the copper price outlook is not only fine but excellent.
    The taxes have been on the table for a long time, is this what brings the share price down??? I am not sure.

    But do remember how the election really got me worried when the share price really got a beating. So who knows.

    The famous list that is doing the round could be right but who knows , I was suprised to see WSA was not on it when it was mentioned in the AFR the other day.

    I will stick with EQN but not happy at all right now.

    any info from others will be most appreciated

    jojo
 
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27.5¢ 27.5¢ 27.0¢ $21.40K 78.47K

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