El Capitan Precious Metals Inc (ECPN)

[Pan4Au]

AuraSource is headquartered in China. That means they have lots of contacts with Chinese miners. So don't expect that it will be the U.S. office which gets the ore sold. It will be the Beijing office. Check this out from an Aurasource press release:

"Mr. Miao Jing, vice president of Minmetals, stated, "We are eager to work with innovative companies such as AuraSource and establish a long term sourcing and supply partnership for mineral products."

Philip Liu, AuraSource's CEO, stated, "We look forward to a long and mutually beneficial relationship with Minmetals. We are pleased to commence our first revenue producing contract with such world class company." "

http://www.aurasourceinc.com/n18.html

Wow! My guess is China Minmetals will be the buyer of the ore. Maybe they'll even pick up the mine. After all, an "unnamed" mining company has been testing the El Capitan Mine's ore for quite some time now. This is what I read on the company forum. If it is China MinMetals and they do buy this mine, I think everyone is going to be very happy. And why wouldn't they?

I also read on the Capitan company forum that they are getting better than 0.40 OPT from many of the samples. There is a church Pastor that always posts on the forum who went to the shareholders meeting. He seems very confident in his El Capitan Mine investment. Hey, if you can't trust a man of the cloth who can you trust? After they book their first revenues I hope the stock blows past $1. That would be great!