EQN
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5.71% 16.5¢ equinox resources limited.

JoJo,I truly do not know what to do.I want to buy more, but I...

  1. 68stang
    145 Posts.
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    04/03/11
    15:18
    Post #: 7998565
    JoJo,

    I truly do not know what to do.

    I want to buy more, but I want them at $5.50.
    Likewise I am happy to sell again but not before $6.50.

    I think the Lundin take over is too much for our EQN to swallow at $4.8 billion and just as the Lundin/Inmet deal brought out a rival ( EQN) so may this bring out a take over bid from RIO or Freeport.

    I think the market does not know what to do either as the shareprice stays so stable.

    Today's S&P reweighting was overdue and while a positive the real deal will be when we make the top 50
    EQN Price at posting: $5.81 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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No. Vol. Price($)
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Price($) Vol. No.
17.0¢ 20000 1
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