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Alphastox Comments on Equitas Resources and Their Voisey's Bay Nickel Project
In a recent release Alphastoc.com highlighted Equitas Resources (TSXV:EQT; FSE:T6UN) as a company to focus on.
In a recent release Alphastoc.com highlighted Equitas Resources (TSXV:EQT; FSE:T6UN) as a company to focus on.
As quoted in the report:
I just wanted to make sure everyone has Equitas Resources (TSXV:EQT) on their radar screens right now. The company should be announcing their Phase 1 drilling assay results soon so make sure you stay tuned. EQT could be well on its way to something very special being one of the first junior companies with such a large land position this close to the Voisey’s Bay. Kyler Hardy and his team have been working diligently and EQT could turn out to be one of the most exciting junior nickel plays in 2016.
The company is fully funded to continue drilling well into next year so there should be plenty of news flow in the horizon. The company also just got back from marketing in several countries that include Europe, United Kingdom and Australia over the last month so don’t be surprised to see some increased activity coming from these trips. There have been a lot of German and Swiss investors that have made significant returns investing in junior mining companies so the reception they received recently turned out to be very good. Also, the Aussies had a huge nickel discovery win with the sale of the Nova deposit for $1.8B this year so I wouldn’t be surprised to witness their next hunger for a big discovery win. I have full confidence in EQT’steam to return investors significant returns over the next twelve months and so far they’ve been doing just that. Alphastox subscribers who followed my initial pick of EQT have returned well over 165% in a relatively short period of time. This is an exciting play and one of the few junior mining companies with a huge retail following so don’t be surprised to see EQT’s share price surge back up to its previous highs with any positive results.
With Ray Goldie’s involvement, as the company grows and continues to develop the project, he should be able to bring an institutional investor base that could give the company the funding it needs to take it to the next level. Mr. Goldie is an expert in the field and a mining legend so having him involved gives Equitas the credibility it needs to be able to walk into any door on Bay Street and present their story- something so many juniors lack these days. Something I pieced together recently on my continued due diligence of Equitas is they also have a very important geologist quietly sitting on its board of directors; Qianjie Wang. His company has invested over $1B into Pretium, Ivanhoe and Barrick this year alone. He’s one of the vetting geologists for Zijin Mining which is one of the biggest mining companies in China. They do business with Sprott Assets where Eric Sprott did extremely well when Friedland’s team found the Voisey’s Bay. For the time being, management has done everything they can to expose the company but now it’s time for the drill bit to do the talking, so stay tuned!
Connect with Equitas Resources (TSXV:EQT; FSE:T6UN) to receive an Investor Kit.
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