El Capitan Precious Metals Inc (ECPN)

[georgeiporgi]

invest, nah, better to post the one below from 2 years ago which clearly indicates what investors can expect from the PR which came out today.

January 14, 2015 07:15 AM Eastern Standard Time

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTCQB: ECPN) announced its financial outlook for the fiscal year ending September 30, 2015. ECPN expects to book revenue from sales of precious metals concentrates derived from head ore mining in the quarter ending March 31, 2015.

The Company plans to mine 350,000–400,000 metric tons in Fiscal 2015, yielding gross revenues from the sales of its precious metals concentrates of $22–26 million. El Capitan expects such revenues to yield $4.5–5.3 million of pre-tax profit for fiscal 2015 with a cumulative positive pre-tax profit expected in the quarter ending June 30.

John F. Stapleton, Chairman of the Board of Directors of ECPN, stated: “Our continued dedication to mining operations at our El Capitan property is delivering expected tangible results. We will continue to work with our valued partners as we progress with our plan to profitably operate the mine for our shareholders and as we seek a buyer.”