Who would drop a $100,000 on a nano cap [like EQT]?Heck, I heard someone dropped $7000 in a $700,000 Queen of Hearts bar lottery in Ohio recently?
Why? They are trying to improve their odds and strike a big one?
Why buy shares of EQT?
Because people smarter then me think they have found Voisey's Bay II, only larger and undercover with modern techniques not used in the past ... and so I will play this "intellectual" lottery also for better odds-and to score big like those early in Consolidated Stikine, Delaware Resources, Dia Met, Diamond Fields, etc.
History repeats itself-
I just read that Falconbridge had Voisey Bay staked and targeted-decided to explore other priority targets in Labrador and then coporate shut-down Labrador and they never returned to drill
Diamond Fields staked it and the rest is history-
ulysess