I'll Say It Again
I'll keep saying it until I'm blue in the face.
Unless and until EQT starts to receive PM newsletter writer’s coverage and/or EQT starts to receive meaningful institutional coverage and investment dollars, EQT is destined to flounder price wise.
None of this is rocket science. We are currently in a retail involvement deficit which means we have an oversupply of paper and a lack of demand, and that dynamic will keep a lid on the share price.
The non-existent institutional money and involvement in EQT is even trickier. Institutional positioning which is basically zero at this point is even less likely until real meaningful advancements are made on the gold properties. I suspect this will be a long and slow process.
No PM investment newsletter coverage means little to no meaningful retail support, thus no price appreciation.
No institutional involvement means no PM newsletter coverage, thus little to no retail involvement.
Its all connected folks, magical and wishful thinking won't change a thing. Stop letting the BS artists convince you that everything will be fine with a little news flow............BS.
We need and must have institutional, newsletter and retail involvement to facilitate price action.
As it currently stands we have none of the above.