Great post, GWR1. Just to revisit part of what Michael said to Bill Murphy.
Re market manipulation:
ECU needs to keep the bids coming until the pressure is sufficient for the day to day players to either cover the short positions or start playing the stock upwards … in other words, blow the vulnerable shorts out of the water.
ECU has several strategies to do so: restart the exploration program by drilling the massive sulfides at depth since confirming any significant extension would bring the majors back at the table within hours; increase the revenues, net profits and production on a quarter by quarter basis; develop contacts with strategic partners, financial or technical; re-evaluate the resources base to improve the quantity and quality of our resources.
….
One fact that nobody denies is that the deepest intercepts in the Santa Juana veins system yielded extremely high assays over very good widths in massive sulfides. These generated more interest than most of the other achievements of the Company. The Company has now the financial and technical means to go back and drill the extensions of these intercepts as well as search for new ones nearby and intends to do so in the very short term. This will in no way slow the current production which the Company plans to increase at a steady rhythm and will generate a lot of interest in the mining circles as a confirmation of continuity would certainly justify the development needed to reach it for mining.
Can't be much clearer than that.
lb
