RE:EQT is a GAMBLE ! Nothing more IMHO Bulltrap is right, this is nothing more than buying a lottery ticket. Shorting over 20 cents was a smart trade. Buying at any price to hold long term is a gamble.
The fact than another company has found nothing does not look good for EQT.
As for technology, I must say that todays surveys are better in that they can reach greater distances but that is all. The technology is not going to creat minerliasation out of a dust bowl.
BullTrap wrote:
There is smart speculating , and then there is outright gambling . Cornerstone Capital Resources found nothing in the proximity of Voisey's bay , NOTHING ! That suggests the chances/ probabilities of finding anything remotely substantial is nil ,IMHO . They used the same technology that Inco used ....... Therefore to state that the technology back in the day wasn't up to par is a farce IMHO . I really do hope that EQT finds something , perhaps Uranium , who knows . But even that is a long shot . Wow a pure gamble indeed . Best of luck though ..........