EQN equinox resources limited.
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Hi everyone,Even now with the copper prices strong not too much...

  1. jojosydney
    9,509 Posts.
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    02/05/07
    22:23
    Post #: 2412860
    Hi everyone,

    Even now with the copper prices strong not too much action with EQN.

    If it is going to drop more then i will add to my holdings because i know that this company will be making a fortune once in production.

    With copper at US$3/lb they will have an earnings per share of around the US$1.26

    Give a low PE of say 7 and you have a share price of A$10

    The writing is on the wall but somehow the markets have not come to realise this yet.

    As I said before guys if this one gets lower and you believe in the China story then it is a no brainer.

    good luck

    jojo
    EQN Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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