take over for eqn will be too early

Hi guys,

The latest take over rumours of Xstrata wanting to takeover Equinox will not be good for us shareholders imho.

We would be much better off to see this company going into production and let its share price grow on its fundamentals.
With the Uranium study coming out shortly and the many exploration leads including the fact that production could get ramped up to a much higher figure would give the share price enough strenght to go much higher.

For any takeover to happen now when this company is so undervalued would be a steal and us share holders who have been with this company from the start will get short changed.

Any takeover price would have to be around the $15 to be refective of the companies potential imho.
Any price under the $10 would be slap in the face for management who have done a great job so far.

Xstrata will try to get EQN imho they have a "special" nose for companies that are undervalued. Lets hope that they will not once again steal another Aussie company from the ASX.

Good luck to all holders we need it

jojo