ECU Silver Mining Inc Message Board

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Gold/Mining/Energy : ECU Silver Mining Inc

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To: Winzer who wrote (339)	4/25/1999 4:28:00 PM
From: reg	Read Replies (1) of 672

Let's be honest folks. There are no guarantee's of success with small companies like ECU. I sank $27,500 into a private placement with Madsen Gold at Red Lake as they moved into production. Lot's of production problems led to the forced sale of the company and a big loss for investors. BYG is another tale of woe. Started off very profitable but very quickly production/environmental problems led to the failure of the company. ECU is in a very difficult transition stage and reasoned debate on their prospects will aid investors. Cheerleading is not required. I find that their grades are still quite low and I wonder if they can generate sufficient ore to feed the mill at 700 to 800 tons per day? Madsens downfall was too much waste rock going through the mill.

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