EQX 0.00% 13.0¢ equatorial resources limited

Granger...I never said it WAS going to $39! What I am saying is...

  1. 271 Posts.
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    Granger...I never said it WAS going to $39! What I am saying is you need to look at what happened with Riversdale and be aware that the same people are using the same formula again. RIV went from a market cap of $20m to $2.6 billion!!. That was coal and this is iron ore. They love these big projects and this deal is the real deal. It is huge and has infrastructure there already. Everything is in place for it to be a large producer. No doubt their Chinese contacts will arrive and want contracts. Same formula.....you watch, but also great to be part of it as it unfolds. The $39 refers to Aquarius which at one point was selling for one cent! Once again massive project in Africa and World bank supporting it through development. So EQX has chart targets to around $3 first then on from there. If it goes to $1 bill. cap then it's over $10. However they will have to issue stock so there will be some dilution.
 
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Last trade - 16.27pm 28/06/2024 (20 minute delay) ?
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