Watch EQN.TO Equinox Minerals Limited

The Prodigy · 07-07-2009, 12:38 PM

Hey everyone,

Just thought I'd put this out there if anyone's interested.

I've been watching EQN.TO for awhile and although it's at about the midway point of it's 52wk high (4.49) and low (.76), it generally fluctuates between 2-3, which has made it a good short-term play.

Presently it's at 2.17, but with recent news Mineweb - BASE METALS - Equinox Q2 copper mine production disappoints I believe it may fall even further, possibly below the 2 mark.

It trades with a relatively large volume and has a massive amount of assets. In the interim the news may hold this stock down, but it looks like a good buy to hold and sell for short term gains once it hits the bottom.

I'm not great with technical analysis, but will update this post with more info as it comes.

Saintjames · 07-07-2009, 02:19 PM

Thanks Prodigy added to my watchlist

roxxer · 07-08-2009, 09:05 AM

Hey there Prodigy
EQN. TO just happens to be my favorite little safe house. picked up 10k shares@1.33 back before the mine opened, been holding long as i believe once the world gets back on its feet it'll be $5 to $6. I just sold half recently only because i needed to free up some funds so i could play around cause i just cant seem to not keep my hands of the stocks for to long. not enough patience i guess!
GL WITH EQN :)

tws · 07-08-2009, 11:06 AM

Originally Posted by roxxer

Hey there Prodigy
EQN. TO just happens to be my favorite little safe house. picked up 10k shares@1.33 back before the mine opened, been holding long as i believe once the world gets back on its feet it'll be $5 to $6. I just sold half recently only because i needed to free up some funds so i could play around cause i just cant seem to not keep my hands of the stocks for to long. not enough patience i guess!
GL WITH EQN :)

yeah patience...sometime you've got to have the patience.

The Prodigy · 07-20-2009, 10:55 AM

Hey, just an update, but as anticipated this stock has nicely rebounded to about 2.70 right now.

Not sure how much higher it will stay here, so I suggest selling some of your position if you are in this stock.

Interested to know whose playing this right now?

07-07-2009, 12:38 PM	#1
The Prodigy Junior Trader Join Date: Jun 2009 Location: Toronto Posts: 9 Rep Power: 51 Reputation: 61	EQN.TO Equinox Minerals Limited Hey everyone, Just thought I'd put this out there if anyone's interested. I've been watching EQN.TO for awhile and although it's at about the midway point of it's 52wk high (4.49) and low (.76), it generally fluctuates between 2-3, which has made it a good short-term play. Presently it's at 2.17, but with recent news Mineweb - BASE METALS - Equinox Q2 copper mine production disappoints I believe it may fall even further, possibly below the 2 mark. It trades with a relatively large volume and has a massive amount of assets. In the interim the news may hold this stock down, but it looks like a good buy to hold and sell for short term gains once it hits the bottom. I'm not great with technical analysis, but will update this post with more info as it comes.
	1 thumbs up / 0 thumbs down. Rate this post \|

07-07-2009, 02:19 PM	#2
Saintjames UberTrader Join Date: Apr 2009 Location: Victoria Posts: 243 Favorites: LVS \| VMW \| GM Rep Power: 103 Reputation: 1082 Did I help?	Thanks Prodigy added to my watchlist
	Rate this post \|

07-08-2009, 09:05 AM	#3
roxxer Trader Join Date: May 2009 Location: pickering Posts: 41 Favorites: eqn drys Rep Power: 53 Reputation: 78	Hey there Prodigy EQN. TO just happens to be my favorite little safe house. picked up 10k shares@1.33 back before the mine opened, been holding long as i believe once the world gets back on its feet it'll be $5 to $6. I just sold half recently only because i needed to free up some funds so i could play around cause i just cant seem to not keep my hands of the stocks for to long. not enough patience i guess! GL WITH EQN :)
	Rate this post \|

07-20-2009, 10:55 AM	#5
The Prodigy Junior Trader Join Date: Jun 2009 Location: Toronto Posts: 9 Rep Power: 51 Reputation: 61	Hey, just an update, but as anticipated this stock has nicely rebounded to about 2.70 right now. Not sure how much higher it will stay here, so I suggest selling some of your position if you are in this stock. Interested to know whose playing this right now?
	Rate this post \|

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