El Capitan Precious Metals Inc (ECPN)

[georgeiporgi]

There seems to be an expectation amoungst longnuts that the samples sent to various refiners will result in a contracted price the refineries will pay for ecpn dirt and checks written to ecpn. The samples sent will define nothing. The price will be determined for each and every large lot sent to the refineries for processing. It will depend on the PMs in each lot measured independently for each and every lot. Absolutely no refiner will sign a binding contract based on a small sample, especially those prepared by Randy Bouldin.