http://www.youtube.com/watch?v=Bx5Sc3vWefE&feature=share

Makes me proud of the young people and my home land... here's the big question... why don't the majority of Sheeple get it?? They think we're conspiracy theorists and crazy people.

The Hedge funds and banks destroyed Greece, caused panic in Ireland, are pushing Spain to the brink and are doing so in order to get pressure to build for eurobond bailouts fiananced by loans from them. The banks dont want Greece to go Bankrupt, they want them to be bailed out with imaginary funds.

We sit here perplexed by a stock valuation which is so illogical its mindblowing, but it's not actually illogical, it's very logical. It's FIXED. Fair and transparent financial dealings and markets have been dead for decades.

I remember as a kid going to the bank at home and there were no service charges. I recieved 5% on my bank account savings and NO ONE talked about how wealthy bankers were. Fast forward 35 years and all the best and brightest go to finance. Why? Money. Not real money... FIAT money... but real enough for them here and now. Which is why the best and brightest protect their own interests and defend it.

So very sad.

Soul

Somehow I feel better now after venting a bit :) Oh and the excellent posting from some other more positive members always helps.

Lets all hope there is sunshine ahead. Let my lost money be re-discovered.

Good luck to all.

Soul

Thanks GWR1,

Seriously if anyone on this board though you were a pure pumper they should hang their heads in shame after reading what is (once again) an honest and straightforward evaluation.

On the one hand, I will take my own advice and 'suck it up'. I invested in this, I did my DD, I took the risks and to be honest it's mostly been a disaster of epic proportions. I need almost a ten bagger to break even from where we started the day today. However, despite the fact that I too disagree with the approach, the upside is that their conservativeness may be what will give us a little respect in the mining community. Great Panther has a much smaller resource, but they were valued much, much better then we were. In fact they were the darling of the crowd for a while there (after of course I sold my GPR for more ECU... d'oh). This should finally be a true picture of the absolute bottom for this stock as they couldn't have made the announcement any less exciting if they tried. So... from here on out, it's much more likely that this is a true bargain now with really exciting potential.

However, now for a little anger. Sorry GWR1, you always keep it pretty cool, I'm not so good at that when I feel true pain in the 'nether regions'. When we merged, most AUM guys were well up on their initial investments from a few years ago, whereas loyal ECU'ers were likely well down if they bought at the same point. Only through many injections and buys at lower and lower prices did I personally price myself down to a 'reasonable' average buy price of about 1.18 (ECU price). Then I was asked to trade these in at a 20 to 1 discount, but for a much higher base price. Ok... 30% down is 30% down... potential is potential. I'm in.

Or so I thought... if I had known this would be the approach, I would have gotten out at my 30% loss and found another story for sure. To 'start from scratch' is easy for the AUM folk, for us loyal ECU guys, I'm sure we just felt a good, hard swift and brutal kick to the balls. This is a BIG potential property, to sell it as 'a conservatively good find' is just mean. I understand the strategy, but I resent the feeling of having my accumulating losses ignored as I was an 'old ECU' investor.

We've waited and waited, and the approach now is a long one... so wait some more. I'm young and already counted this as lost money, but what about some of our older and loyal investors who backed ECU through thick and thin?

Screw em'... lets go back to basics so new investors will flood in and see a 20 bagger. While we may break even in the medium term. If we're lucky. Sorry, but it sucks.

I won't leave, but I sure as hell ain't happy.

It's probably just today, but this leaves a very bitter taste in my mouth. A good learning experience I would say.

Anyhow, on the bright side, if you're just hearing about this company and are thinking of investing... lucky bloody b@stard. :)

Soul with a tinge of bitterness.

Yes the bashers will be out in force in full gloat mode. But you are certainly right on one thing, the company must make a formal statement to the market, otherwise the silence will simply fuel the fire.

Silver up and we're down as if we were Kodak...

To think that even a 10 dollar share price requires a double bagger is simply crazy. GWR1 if you did make that brave move and the company did make the right moves... the upside even in the short term would be astounding. My problem is that this trend has been here for a long time, and we've all had theories... but this is simly not natural. Nothing could convince me otherwise.

Soul

I hear you tdw... I priced down on my stock for the first year or so, but I haven't bought or sold anything since the merger. There just is something that looks wrong here... and that's my worry, even if there isn't something wrong, people who would invest now believe that there is/ or may be. It's starting to become a self fulfilling prophecy, soon we will be worth the same amount we hold in cash. Ridiculous, but there you go that's where we are at.

I hope to god this is one of those moments Coach always mentions where every fiber of your being is screaming to get out and that's where you plunge in. I would, but I've been all in for so long and have such a far, far, far way to go before I would ever be back in the black that I prefer to think of the money as 'lost' for now. I pray that isn't reality, but it's the only way I keep a level head when watching such ridiculousness.

I would always be the first one to listen to the 'it's what's in the ground that counts' argument, but despite the monetary loss only being a unrealised paper loss, it's absolutely gutting to watch. This board has been brilliant over the years and to see the good people here suffer at the invisible hands of something illogical is heartbreaking.

I hope this all turns around soon and we can see some optimism, but we haven't been fairly priced in the market for years.

I'm healthy, my kids and wife and healthy and I have a great life... so in many ways this is just a blip on the horizon. Putting things in perspective helps, but if there is someone messing with this stock, and I ever had the chance to meet him/her/it... it probably wouldn't be pretty.

Soul with a dash of anger

Hmmm. I read the whole thing and still couldn't figure out where the bomb blast was, or devestating fire without insuance coverage, or the sudden realisation that we have no actual silver, just some shiny rocks that looked like silver - Whoops!... you know something to justify the .25 ECU price.

Maybe it's written in magic marker and you need to hold it up to the light?

Soul