Ekwan-X (EKWX)

[ThSeeker]

ekythump This is an opinion so I could be wrong. But I think one of the primary issues for Ekwann is not the technology itself but how to interpret the info from the scan data. You see the tech only sees what is on the surface. I would guess in most discoveries the actual gold will not be on the surface.
Therefore they need to know what trace elements on the surface indicate a high probability that there is gold below the surface. The is what the previous PR seems to say they are working on. But since they are not flying I doubt they are making great strides in developing these algorithms for being accurate at detecting discoveries.

Their ability to be successful at this still needs to be proven. The scan technolgy as you say is probably solid. But that alone is only a piece of the puzzle. Ekwan has not completed the puzzle. Many of us thought the discovery announcment was close but in reality is months away or may never happen. Investing here is a real gamble at this point and should be understood as such before anyone jumps in.

It is so stinking cheap now that a little gamble may make sense for some but as a real investment I don't think we know enough about their capabilities yet. Also I don't have any trust in the CEO. His future actions could turn me on that opinion but for now he has to earn back the trust he lost.

All this is my opinion but I think it is reasonable position based on what has happened since this company started.
ThSeeker