I am not knocking EQX in any way. I believe they have some good tenements.
If that is what they are talking about,they still have to get all the permits in place,environmental study,all feasibility studies,mining permit,a JORC resource figure,funding,tracks and roads to the drill pad areas,mine plant built,and I believe a rail line to connect up to the nearest rail line.
You would have a very good idea what has to be done by what SDL has had to do.Takes a long time to get it done. I can not honestly see them producing by 2012. They are at least 12 months behind SDL at Nabeba. Mine plant will take 18 to 24 months to commission,after all the other items have been ticked off.
Will be interesting to see how quick they can do the work and start producing.
Regards Westcott.
EQX Price at posting:
$3.20 Sentiment: None Disclosure: Not Held
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