I've liked seeing a good period of consolidation around 60c since the Scoping Study.
I was prepared for a small rise and then hopeful it would consolidate around that small rise. This looks like what's happened.
It seems now like we are seeing some green and the price nudging up towards 70c.
I think to really re-rate, there needs to be CAPEX funding in place and to a lesser extent a Mining Permit issued.
I think the Government is very keen for this area to move forward, so I don't forsee too many problems with the Mining Permit and Convention being issued eventually, so funding remains the main issue. I think that's how the market may view it also.
Happily holding and buying more when funds are available.
Good luck!
EQX Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
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