Copper Exploration company (EQN) TSX

EstateReal said: "I will admit that I bought this one on Copper strength and a bit of luck for 2.20 a share about 2 months ago. I was just wondering how high an exploration company can be expected to trade? And will they ever become a major player like a Bilton or Anglo?? And what are the odds of this type of company to payout a dividend?"