SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ECU Silver Mining Inc -- Ignore unavailable to you. Want to Upgrade?


To: Winzer who wrote (440)6/23/1999 1:18:00 PM
From: ogi  Read Replies (1) | Respond to of 672
 
To ALL: Although B. Murphy's mention of ECU brought this stock to my attention I certainly regarded price predictions as suspect, as one must always do. I bought ECU because it appeared to make sense. This was a developing mine with financing and a very good chance to be cash flow positive in a massively negative sector. I may have hoped for huge runups in price quickly but I didn't expect them!

Ecu are doing what I bought them for so far, production has been increasing as have the grades and so too will the cash flow. This is not a massive discovery stock, nor would I think it much of a takeover candidate. However it appears to be on the road to success that should be reflected in the price of the stock in the long run. The only way this stock will rocket ahead is if the price of silver does and I don't know if it will. Meantime Ecu is going along well at a modest price for the commodity that it produces.

I don't think that those who are complaining of the failure of Ecu to get into triple digits are being realistic. I hope it happens, but I'm waiting for the gradually improving production and cash flow to be reflected in the price over time, in the interim they are not going away! My one complaint is they write a lousy press release although even that improved last time round. Here's hoping that a better PM market develops soon too! Regards, Ogi