After a few days hiatus to consolidate its spectacular gains,...

After a few days hiatus to consolidate its spectacular gains, EQH resumed its rise on Friday.

Given what has been alluded to in the last report, an exploration target from their aeromag survey (& whatever other survey) must be imminent. Even though I don't place much credibility in these numbers as they are conceptual, it seems as though the company is taking its good time about releasing them given that the aeromags were flown many, many months ago. Who knows, perhaps they have a rabbit up their sleeve.

Similarly, there is part 2 to the gifting of the 20% of Oyabi. This is total conjecture on my part but I still can't reconcile why Ikin would have done this - definitely not from the goodness of his heart.

So, who is willing to bet that EQH will not be trading through $1 this week? Perhaps as soon as tomorrow.

You may think that EQH at $1 or $25m cap is getting pretty fully priced but, given the way the buying has been executed, it seems as though it is smart buying, and I always believe that there are parties out there who know more than me - lots more. And I don't believe the price keeps on going up for the heck of it as usually those with money didn't attain it by being removed from market fundamentals and reality.

One thing is for sure with EQH, the screen is talking.