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Gold/Mining/Energy : ECU Silver Mining Inc -- Ignore unavailable to you. Want to Upgrade?


To: zakaran who wrote (318)4/16/1999 4:47:00 PM
From: ogi  Read Replies (1) | Respond to of 672
 
Zakaran: I'm frustrated with most of my stocks in this arena, however, the story that got me into ECU ( the early development of a cash flow positive mine) hasn't changed and the picture is getting better. If you read all their NR'S from last year you may argue that their targets were too optimistic but that's no surprise on a startup. Meanwhile we are seeing increasing production and a small but positive cash flow. If, as intended, they open the San Diego mine 5 miles away from Valerdena they will vastly increase their current production. So yes I'm still positive on this stock. I hope if you are long, as you once said, that this is only a minor disappointment that will soon dissipate. Last time I looked today's volume was very light. Regards Ogi