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Wednesday, July 12, 2006 8:36:59 PM
What I am saying to you is that if you own a stock why would you bash it. This will only create more negative sentiment.
Yes, alot have taken a hit with the pps drop shortterm, however:
Revenue estimate from Dalian project is +-$19million annual.
With +-400M shares outstanding, pps value is .05+-. 8-9 times what it is trading at now.
This does not even include possible revenues from the Red Lake project (with eng. reports out near term) or the Bonanza ppy.
I would not call anyone a liar, my point was commonsense says only a basher or shorter would continually bash a stock they own. I agree the MM's have played the pps well. But as seen with stocks, they cannot hold down a stock with real revenue potential for long. If you look back on all the PR's and releases from EQBM, all have been forthright and timely as stated. Working with Chinese companies as well as the Chinese govt. for environmental approval(which EQBM has now received)took time. Things are now so close to coming together. I am hoping for the PR tomorrow or latest friday for final final on the Dalian project, and eng. reports on Red Lake soon thereafter.
Best Regards and GLTY
My opinion only, not a buy or sell recommendation
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