EQN equinox resources limited.
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rio to takeover eqn?, page-7

  1. trousergecko
    5,381 Posts.
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    14/02/11
    21:13
    Post #: 7889980
    Might go for First Quantum, FQ SP has been on an up lately, looking stronger than EQN, EQN has drifted, it took a step for the production upgrade, I was hoping for a higher correlation with Cu price.

    wouldn't matter if it was FQ, would propel EQN as a near neighbour and smaller clone.

    Any takeover at this level, by the big 3 (or 4) is a large positive...Cu Price positive...China/India/SE Asia/power/cars demand positive...unrealised CGG assets positive...PE positively growing...production upgrade positive...

    I now need to touch wood
    EQN Price at posting: $6.63 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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