Today's announcement should be the precursor for a restart of the strong upward movement in this very undervalued stock. Against its peers it is around 25-35% of its relative value, and some great drilling results are almost assured which will see the resumption of the relentless overseas insto buying in EQX driven out of Europe by people who understand that EQX is sitting on a world class asset. Expect a raft of all kinds of good company news on contracts/partners/infrastructure/etc. for the next 3-6 months. Buyers queueing up now. Technically it needs to break above $2.50, which it could do any minute once the euro guys decide its time, then once through $2.80-90, a new high looms. Chart targets to $8+ but only with the right market and good results. Hang on and hang in.
EQX Price at posting:
$2.42 Sentiment: ST Buy Disclosure: Held
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