El Capitan Precious Metals Inc (ECPN)

[i_invest_utrade]

If they can actually begin mining.

So far they haven't stated as much. Only that they have agreements for purchasing the iron.

Then we heard they were just going to stockpile the iron and wait for the iron prices to bounce back.

Now we're being told they have an LOI from some company they can't name.

They haven't even said how much they can expect to produce.

So many smoke and mirrors and kicking the can after this many years, it's hard to take this company seriously until they can post real revenue.