It's a pity the market does not agree with you!
I have held these shares since listing and seen them fall from over $1.50 to $0.20.
Previous management never came clean that they had no idea how to extract the oil and gas out of the unconventional "successful wells" and the new management can not get at it either.
We are also being given no data relating to the dollar value of these new wells and any indication of their expected revenue stream, no wonder long time shareholders are bailing out.
I'm giving the new team until the next quarterly report ending September 2007 to give their long suffering shareholders some news relating to current and forward sales revenue and if it is not forthcoming i'm selling and buying into dividend paying shares with no intention of buying low cap resource stocks ever again!
If i had bought BHP when i purchased THK i would have more than doubled my capital, plus received dividends.
What a mug!!!
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EQUINOX RESOURCES LIMITED.
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