ECU Silver Mining (fka ECUXF)

[bdubble]

Symbol has changed in my Ameritrade and stock was trading today. AUMN is the new symbol. Not sure how this will work out for us, but we need much bigger price movements now than we did before to move back up. $4 per share for 30%, thats a big movement.

[bdubble]

NEWS FROM THE 23rd.....

ECU Silver Receives Assays for the Deep Drilling in Santa Juana Mine
10:41a ET August 23, 2011 (Market Wire) ECU Silver Mining Inc. (TSX: ECU) is pleased to announce that it has received the assays for the announced intercept in hole SJ-18-21B. The calcite-rich section averaged 2.09 g/t gold, 122.4 g/t silver, 0.35% lead, 0.63% copper and 0.35% zinc over a core length of 16.55 meters (54.3 feet) corresponding to a 6.02 meters (19.8 feet) true width. This was followed by a massive sulfides section grading 0.17 g/t gold, 51.1 g/t silver, 0.16% lead, 0.55% copper and 6.78% zinc over a core length of 2.25 meters (7.4 feet) corresponding to a 0.82 meters (2.7 feet) true width. The following table contains all the assays for the mineralized zone which extended from 1016.15 to 1035.45 meters in the hole.

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TABLE OF ASSAYS FOR A4 VEIN - SJ-18-21B
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Sample # From To Core Length m True Width m
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82274 1016,65 1016,80 0,15 0,05
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82275 1016,80 1017,20 0,40 0,15
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82276 1017,20 1018,20 1,00 0,36
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84216 1018,20 1018,60 0,40 0,15
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82277 1018,60 1018,95 0,35 0,13
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84217 1018,95 1020,10 1,15 0,42
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82278 1020,10 1020,80 0,70 0,25
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84218 1020,80 1021,75 0,95 0,35
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84219 1021,75 1022,45 0,70 0,25
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82279 1022,45 1023,15 0,70 0,25
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82281 1023,15 1023,45 0,30 0,11
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82282 1023,45 1023,95 0,50 0,18
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82283 1023,95 1024,85 0,90 0,33
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82284 1024,85 1025,30 0,45 0,16
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82285 1025,30 1025,90 0,60 0,22
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82286 1025,90 1026,55 0,65 0,24
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82287 1026,55 1026,85 0,30 0,11
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82288 1026,85 1027,20 0,35 0,13
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82289 1027,20 1027,55 0,35 0,13
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84220 1027,55 1028,90 1,35 0,49
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82290 1028,90 1029,40 0,50 0,18
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82291 1029,40 1030,25 0,85 0,31
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82292 1030,25 1031,15 0,90 0,33
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82293 1031,15 1032,15 1,00 0,36
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82294 1032,15 1033,20 1,05 0,38
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25 samples 1016.65 1033.20 16.55 6.02
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82295 1033,20 1033,65 0,45 0,16
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84221 1033,65 1034,30 0,65 0,24
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82296 1034,30 1035,25 0,95 0,35
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82297 1035,25 1035,45 0,20 0,07
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4 samples 1033.20 1035.45 2.25 0.82
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Sample # Au g/t Ag g/t Pb % Cu % Zn %
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82274 8,85 284 0,05 0,04 0,10
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82275 1,80 90 0,13 0,94 0,08
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82276 3,90 131 0,03 0,02 0,02
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84216 0,35 19 0,01 0,01 0,01
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82277 3,65 122 0,03 0,09 0,02
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84217 0,10 4 0,01 0,02 0,01
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82278 0,85 43 0,09 0,06 0,07
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84218 0.30 8 0,03 0,01 0,08
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84219 0.70 49 0,13 0,03 0,16
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82279 5,07 197 0,49 0,36 0,05
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82281 1,95 90 0,26 0,10 0,16
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82282 2,27 46 0,24 0,22 0,10
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82283 2,60 325 1,27 1,05 0,11
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82284 4,60 108 0,28 0,11 0,29
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82285 1,33 209 0,65 0,85 0,07
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82286 0,20 37 0,27 0,08 0,10
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82287 1,87 182 0,76 0,61 0,11
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82288 1,53 154 0,67 0,35 0,14
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82289 1,10 7 0,12 0,13 0,15
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84220 1.15 125 0,53 0,13 0,97
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82290 0,20 21 0,28 0,06 0,18
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82291 3,93 210 0,71 2,06 1,97
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82292 4,07 207 0,41 1,98 1,65
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82293 6,07 123 0,32 2,06 0,12
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82294 1,20 222 0,46 1,77 0,19
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25 samples 2.09 122.4 0.35 0.63 0.35
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82295 0,20 139 0,56 1,11 20,26
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84221 0.20 14 0,03 0,12 0,65
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82296 0,25 39 0,09 0,46 0,70
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82297 0,30 31 0,08 1,12 25,20
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4 samples 0.17 51.1 0.16 0.55 6.78
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These assays are consistent with those of the A4 vein found and mined in the lower levels of the active portions of the Santa Juana mine, 1,200 meters (3,937 feet) above these intercepts but over a wider true width of 6 meters compared to the 0.5 to 2.0 meters normally encountered in the mine workings. The zone is situated at the contact between a green garnet skarn unit and a quartzo-monzonitic intrusive, both of which are mineralized with small quantities of chalcopyrite.

As the hole continued, it cut more intrusive and green skarn and a second less extensive mineralized zone of a nature similar to the first one. It was sampled and assays are pending.

From a geological point of view, the two most important aspects of the geological sequence found is the nature of the intrusive rock, a quartzo-monzonite instead of the diorite found in the active mine, and disseminations of chalcopyrite instead of sphalerite in the green garnet skarn. In the geological model, developed by the geologists of various companies who worked in the area which is a variation of the general Sierra Madre model, the mineralization is associated with acid stocks and dykes that intruded the sedimentary limestones. These intrusive are aligned in a NE-SW trend for 15 kilometers stretching from the Santa Maria mine to the San Diego property. At both extremities of the trend, the San Diego property and the Santa Maria mine, significant Zn-Pb-Ag mineralization was mined, over average widths of 3.5 meters at the Santa Maria mine, at the contact between aslaskite/quartzo-monzonite dykes and skarn or limestone. In the NE section of the center, the mineralization at the Reina del Cobre mine has less zinc and lead but more silver and copper, again associated with the contact between acid intrusive and the host rocks, with average widths of 4 meters. In the SW section of the center, the mineralization in the upper sections Santa Juana mine is predominantly thin epithermal veins cutting through all the local host rocks, limestone, skarn and dioritic intrusive. The information from this new hole, SJ-18-21B, seems to indicate that the mineralization is evolving to a type similar to that found at Reyna del Cobre with thicker veins, current cuts of 4 and 6 meters of true widths, quartzo-monzonitic or granitic intrusive and pervasive chalcopyrite (copper sulfide) disseminated in the veins and the skarn. The main difference is that the mineralization at Santa Juana includes gold.

On June 24th, the Company announced that it had entered into an agreement to merge with Golden Minerals Company ("Golden Minerals") to create an exciting new junior precious metals mining company. The details of the proposed merger have been documented in detail and have been sent out to the respective shareholders of each company. Securityholder votes will be registered at a special meeting of shareholders for both companies to occur on August 30, 2011.

Cautionary Statements

Readers are cautioned that until a prefeasibility study is completed, there are no assurances these latest mineralized zones will be economically viable.

All lengths are core lengths and all widths are true widths. Samples were assayed at the ERSA laboratory in Torreon, Coahuila, Mexico which is currently in the process of being certified. Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101, prepared the technical information disclosed in this news release.

Cautionary Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, the proposed construction of a mill, business and financing plans, business trends and future operating revenues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any minerals produced, the Company's inability to obtain any necessary permits, consents or authorizations required for their activities, to produce minerals from their properties successfully or profitably, to continue their projected growth, to raise the necessary capital or to be fully able to implement their business strategies. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

Contacts:
ECU Silver Mining Inc.
Michel Roy
Chairman and CEO
Torreon, Mexico
011 52 871 747 5750

ECU Silver Mining Inc.
Stephen Altmann
President
Toronto, Canada
[phone]

ECU Silver Mining Inc.
Mark Butler
Investor Relations
Toronto, Canada
[phone]

[AmericaTheBrave]

That's it. We are already rising :)

[AmericaTheBrave]

Hello. Thanks, I am fine. And I have good news to compart with the fans of ECUXF: http://www.gotgoldreport.com/2011/07/stunning-plunge-in-comex-commercial-gold-net-short-futures.html

[hotvoltage]

I agree with you. I plan on buying more metals and mining stocks. They are really cheap at these prices. So they only have one way to go. That is up.

[gimmeMYcash]

I'm getting ready to go as deep into the metals as I can. Now is the time to buy. I'm very excited about it. Should be very profitable. I'll check in a little more often. I have been distracted lately. I hope you are well my friend. GO ECUXF!!

[AmericaTheBrave]

Great to hear from you my friend. It's already some weeks ago since I run out of the "free trial" :~(

[gimmeMYcash]

One thing about the deal is current shareholders will be in a very strong mining company. This is a fair deal. Nothing to get too excited about, but ATB is right. We are about to enter the start of a strong rally. I'd say we see the bottom in the metals in the next two weeks. Then the summer doldrums will come to a end. GO ECUXF!!!

[AmericaTheBrave]

According to my calculations, due to the falling of the golden minerals' share-price, we don't get the best deal in these days. But however, the ratio of 0.05 was quite fair at the day they made the deal.

But I am positive: The last 1-2weeks before the merger, we saw the PPS of ECU going up a lot! If the insiders would have thought that it was a bad deal, they would have sold, and therefore the PPS would have declined. So I stay confident.

[hotvoltage]

I agree that its going to be great for both companies. But not necessarily so for us investors. The problem is according to this article. We the investors are going to get screwed.

http://www.marketwatch.com/story/golden-minerals-company-and-ecu-silver-mining-inc-announce-merger-of-equals-creating-a-new-growing-silver-mining-company-2011-06-24?reflink=MW_news_stmp " rel="nofollow" target="_blank" >http://www.marketwatch.com/story/golden-minerals-company-and-ecu-silver-mining-inc-announce-merger-of-equals-creating-a-new-growing-silver-mining-company-2011-06-24?reflink=MW_news_stmp

Under the terms of the business combination, shareholders of ECU will receive 0.05 common shares of Golden Minerals (the "Exchange Ratio") and $0.000394 in cash (approximately $125,000 in the aggregate) for each share of ECU held. All of ECU's unexercised options and warrants will be exchanged for Golden Minerals options and warrants, respectively, with the number and exercise prices of such options and warrants to be adjusted based on the Exchange Ratio.

Based on Golden Minerals' last closing stock price, the Exchange Ratio represents a premium of approximately 7% to the 20 (trading) day volume weighted average trading price for ECU. The Exchange Ratio represents an "at-market" transaction based on a 20 (trading) day volume weighted average trading price of each of ECU's common shares and Golden Minerals' common stock.

As you can see from the article. we are only going to get .05 of the shares from Golden Minerals. I did buy more shares cause if I didn't I wouldn't have no more than 5 shares after the merger. So I had to increase it. I agree that its a great merger for those who hold the options. Most likely the ones in charge hold them.

For the rest of us its not going to be such a great deal. I am waiting for them to deliver the material and voting papers. So I can make a better judgement on the whole situation. From what I can see from the article it looks like those holding options are only going to buy them if and when the stock prices go up by a lot.

If I don't like what I see I am voting down the merger until they give us something better.

[hotvoltage]

[AmericaTheBrave]

Hello. IMO, the merger is something really good. We all knew, that ECU has lots of resources, but isn't really able to mine them, because they don't have the capacity to do so. With this merger, the equipment and capital that is needed, should be going into the wealthy-res projects, leading the two companies into a big prosperity. I expect the follow months to be good for the precious metals, and the mines will profit from it exponentially.

[bdubble]

What are your thoughts on the outcome here for us?

[AmericaTheBrave]

-- Important! --Golden Minerals to buy ECU Silver for C$302.5 mln

...Under the terms of the deal, ECU shareholders will get 0.05 common shares of Golden Minerals and about C$0.000385726 in cash for each share they hold, giving them ownership of more than 50 percent of the new entity...

http://www.reuters.com/article/2011/06/24/ecusilver-goldenminerals-idUSL3E7HO1XH20110624?feedType=RSS&feedName=mergersNews&rpc=43

[AmericaTheBrave]

There seems to be some massive shorting going on here!! I never saw that much little-Sells in a row during 30 minutes

[AmericaTheBrave]

Good volume, good day for ECU, and a good day for silver. The 3-month highs are in sight :)

[gimmeMYcash]

VERY STRONG DAY!! The RSI still not over bought!! Excellent news!!!

[AmericaTheBrave]

+NEWS+ ECU SILVER DISCOVER NEW HIGH GRADE ZONE ON NAZAS PROPERTY IN DURANGO, MEXICOTORONTO, ONTARIO – June 20, 2011 -- ECU Silver Mining Inc. (TSX:ECU) is pleased to report the results from developing a new vein on the Nazas property which included assays grading up to 6.18 grams per tonne (g/t) gold (Au) and 2,755 g/t silver (Ag).

The Nazas property is under option to ECU Silver with the possibility of ECU Silver acquiring a 100% interest for payments totalling US$1,100,000 over the next two years.

While conducting bulk testing for mineralized material amenable to open pit mining, a two meter wide vein was uncovered and bulk tested separately. The structure associated with this vein has been followed along strike for over 500 meters. In the first bench, a height of nine meters of the bench was tested over 30 lateral meters with the average bulk grade of the two meter vein being 0.35 g/t Au and 68 g/t Ag over 19 samples, with the best assays being 0.84 g/t Au and 598 g/t Ag. In the second bench, three meters has been done to date, also over 30 lateral meters and assays averaged 0.72 g/t Au and 241 g/t Ag from 33 samples, with the best assay being 6.18 g/t Au and 2,755 g/t Ag.

Considering these preliminary results, the Company intends to continue opening the vein at depth and laterally as well as test other similar structures on the property.

Progress on drilling the deep seated massive sulphides has not progressed as quickly as originally planned due to mechanical problems with the drilling. These problems have been addressed and drilling has resumed.

All widths are true widths. Samples were assayed at the ERSA laboratory in Torreon, Coahuila, Mexico, which is currently in the process of being certified. Michel Roy, PGeo, a qualified person within the meaning of NI 43-101, prepared the technical information disclosed in this news release.



About ECU Silver
ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardeña District Properties in Durango, Mexico. The Company holds a NI 43-101 compliant mineral resource of 40 million silver equivalent (0.6 million gold equivalent) ounces in the measured and indicated category and 391 million silver equivalent (6.0 million gold equivalent) ounces in the inferred category. The Company also owns two mills with a combined capacity of 820 tonnes per day. ECU's mission is to become a pre-eminent silver and gold producer through the development of its existing and potential mineral resources at Velardeña.

[AmericaTheBrave]

I think that another hedgefund will have begun to cover. Soon the buyers will step in, and together with silver, ECU will rally one of these weeks, and to its old highs in fall... IMO

[AmericaTheBrave]

News TORONTO, ONTARIO--(Marketwire - June 15, 2011) - ECU Silver Mining Inc. (TSX:ECU - News) reports that it has recently released its consolidated financial statements for the first quarter ended March 31, 2011 (Q1 2011) and the related management's discussion and analysis of financial position and results of operations (MD&A). The Company increased revenues by 88% and cash flows from mining operations by 149% over the same period ending March 31, 2010 (Q1 2010). The Q1 2011 financial statements were prepared in accordance with International Financial Reporting Standards (IFRS).

The Company generated net revenues from the sale of dore bars and concentrates for a total of $5,966,092, representing a 6.9% decrease over Q4 2010. The decrease in revenue is a result primarily of lower gold grades. Overall grades are expected to increase as mining moves into new development stopes which have not been impacted by historical mining of high grade material.

The revenues were applied against cash development costs of $4,383,608 bringing the net positive cash flow to $1,612,484 for Q1 2011. The cash development costs were 14.3% higher than Q1 2010 due to increased labour and materials in the mine and at the mills.

Cash balance as at March 31, 2011 was $1,219,934, an increase of 254% over the cash balance as at December 31, 2010.

In Q1 2011 the operations generated silver (Ag) totaling 85,600 ounces and gold (Au) totaling 1,893 ounces. In addition, the mines generated 161,977 pounds of lead (Pb) and 172,736 pounds of zinc (Zn). Expressed in terms of silver equivalent (AgEq) ounces, and based on average commodity prices over the period, total metal output was approximately 180,000 AgEq ounces.

Shipments for Q1 2011 consisted of: 80,118 Ag ounces, 2,553 Au ounces, 108,215 Pb pounds, and 164,965 Zn pounds. Expressed in terms of silver equivalent ounces, and based on average commodity prices over the period, the Company shipped approximately 201,000 AgEq ounces during this period.

During Q1 2011, the Company reported a loss of $2,081,960, or $0.007 per share, versus $1,915,436, or $0.006 per share, over the same period in Q1 2010.

Copies of the financial statements and related MD&A can be found on SEDAR at www.SEDAR.com.

About ECU Silver

ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardena District Properties in Durango, Mexico. The Company holds a NI 43-101 compliant mineral resource of 40 million silver equivalent ounces in the measured and indicated category and 391 million silver equivalent ounces in the inferred category. The Company also owns two mills with a combined capacity of 820 tonnes per day. ECU's mission is to become a pre-eminent silver and gold producer through the development of its existing and potential mineral resources at Velardena.

Cautionary Statements

Readers are cautioned that there are no assurances that all or any part of ECU Silver's mineral resource will be economically viable. Until a prefeasibility study is completed, there are no assurances the release of an updated mineral resource will be economically viable.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, the proposed construction of a mill, business and financing plans, business trends and future operating revenues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any minerals produced, the Company's inability to obtain any necessary permits, consents or authorizations required for their activities, to produce minerals from their properties successfully or profitably, to continue their projected growth, to raise the necessary capital or to be fully able to implement their business strategies. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

[AmericaTheBrave]

This time we could really break out northways.. Europe trading of ECU is signalising that we are heading northways:

[gimmeMYcash]

I agree with you. It's time for these fund managers to cover and run for the hills. Silver is about to begin it's climb to ALL TIME HIGHS. It's the summer doldrums for silver. NOW and in the coming weeks is perfect timing!!..... Load up on all things GLD/SLV!!!! In my opinion only. GO ECUXF!!!

[AmericaTheBrave]

IMO one hedge fund might have begun to cover!

[AmericaTheBrave]

And also I have to add that the news were great. The PPS MUST go up IMO.
Silver will break out big next week IMO.

[gimmeMYcash]

The time to buy is NOW!!! ECU has shown great strength! She will run hard this fall. Get in early!!!

[AmericaTheBrave]

ECU will run! We saw the volume coming in at the end of the day. Go ECUXF

[gimmeMYcash]

ECU is a solid stock and the news tells the story. Nows the time to have a look @ ECU if you on the sidelines. Very good entry point @ these pps levels. Solid miner, and just look @ where pps is compared to where the spot price is. This fall this board is going to be rocking and so will ECU and the pps! I expect ALL TIME highs in silver this fall easily!!! GO ECUXF!!!

[gsfl]

ECU SILVER ENTERS HIGH GRADE WORKINGS OF TERNERAS MINE

TORONTO, ONTARIO – June 7, 2011 -- ECU Silver Mining Inc. (TSX:ECU) is pleased to report that the Company has sampled up to 14.03 grams per tonne (g/t) gold (Au), 155 g/t silver (Ag), 1.21% lead (Pb) and 4.26% zinc (Zn) over 1.50 meters (5 feet) in the Terneras Mine . Historical workings in Terneras have demonstrated significant continuity reaching up to 1200 meters (3,940 feet).
The underground development ramp at the San Juanes mine reached old workings of the Terneras mine giving the Company access to developed levels which can be mined in the short term. The level that was reached was sampled on both side of a major fault that cuts the main Terneras vein.
On the west side of the fault, in the main body of the old mine known to extend for 1,200 meters, the vein is generally thicker with consistent high assays. The drift in this area was sampled for a length of 48 meters (157 feet) and yielded 3.25 g/t Au, 311 g/t Ag, 1.78% Pb and 2.05% Zn over a width of 0.65 meters (2 feet). The best section sampled was 14.03 g/t Au, 155 g/t Ag, 1.21% Pb and 4.26% Zn over 1.50 meters (5 feet). On the east side of the fault, the vein is thinner and assays are irregular. The average over 48 meters (157 feet) of drift is 2.82 g/t Au, 263 g/t Ag, 1.48% Pb and 1.75% Zn over 0.21 meters (0.7 feet).
A significant portion of the Terneras vein could be opened rapidly by rehabilitating the existing infrastructure. The portion of the Terneras vein developed by previous owners and mined until 1920, contained approximately 4,000,000 tonnes (over 60,000,000 ounces of silver) of mineralized material.
In an update of the deep drilling to test the deep seated massive sulphides, the new cut steepened the drill hole which would have caused the drill to cut the extension of the zone more than150 meters deeper than the original cut. Since the objective of the initial holes is to confirm vertical and horizontal continuity close to the vein, this was deemed too deep for an initial cut. Consequently, it was decided to use the navi-drill to flatten the hole and cut the zone at a higher elevation, but still significantly deeper than the initial intercept. The drilling is currently at a depth of 870 meters (2,850 feet), 55 meters (180 feet) below the original intercepts in hole SJ-18-21 and is now being deviated into the massive sulphide zone.
All widths are true widths. Samples were assayed at the ERSA laboratory in Torreon, Coahuila, Mexico, which is currently in the process of being certified. Michel Roy, PGeo, a qualified person within the meaning of NI 43-101, prepared the technical information disclosed in this news release.

[AmericaTheBrave]

A lot more buys than sells, but more than 4% down!?

[gimmeMYcash]

She's been a steady climber!! Very nice. Chart looks great! Fundamentals still in play! Go ECUXF!!

[AmericaTheBrave]

A great day till now!!

[gimmeMYcash]

Another good day for ECU!! Silver seems to be gaining momentum. Go ECUXF!!

[AmericaTheBrave]

Great! nearly 6% plus thanks to the rising POS (price of silver)

[AmericaTheBrave]

This a steady recovering, which will lead us to way higher prices, simultaneous with the rise of the silver-spot price.

[gimmeMYcash]

Very good to see the green today. Is it monday yet? Let her run. Go ECUXF!

[AmericaTheBrave]

Wow! Up up, and away!

[AmericaTheBrave]

I think someone is shorting the stock. Look at the brusque down-moves.... very odd.

[AmericaTheBrave]

You forgot to mention the solid rise of Silver, which is regaining strength after the manipulated "correction"

[gimmeMYcash]

This is great news!!!! Now is a great time to buy. With drilling going on and assay result PR's coming soon, along with current financials coming in a few weeks. We should see a healthy rise in PPS. Very solid company to be @ such bargain prices. Go ECUXF!!

[AmericaTheBrave]

GREAT NEWS!!

TORONTO, ONTARIO--(Marketwire - May 19, 2011) - ECU Silver Mining Inc. (TSX:ECU - News) is pleased to report that the high-performance deep diamond drill has reached the high grade massive sulphide zone at its Velardena Property.

As previously reported, the high-performance drill was commissioned to further test the deep seated massive sulphides at a depth of approximately 800 meters below level 18 to confirm the extensions of the high grade intercepts that were reported in drill hole SJ-18-21.

The drill has begun coring into the target zone and we anticipate having results shortly.

The Company also advises that it plans to file its March 31, 2011 Consolidated Interim Financial Statements and Management Discussion and Analysis on June 14, 2011. The filings for the first quarter of 2011 will contain the first set of financial statements prepared in accordance with International Financial Reporting Standards (IFRS). To assist companies in making the transition from Canadian generally accepted accounting principles to IFRS, Canadian securities regulators have extended the normal filing deadlines for the first quarter of 2011.

Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101, prepared the technical information disclosed in this news release.

About ECU Silver

ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardena District Properties in Durango, Mexico. The Company holds a N.I. 43-101 compliant mineral resource of 40 million silver equivalent ounces in the measured and indicated category and 391 million silver equivalent ounces in the inferred category. The Company also owns two mills with a combined capacity of 820 tonnes per day. ECU's mission is to become a pre-eminent silver and gold producer through the development of its existing and potential mineral resources at Velardena.

Cautionary Statements

Readers are cautioned that there are no assurances that all or any part of ECU Silver's mineral resource will be economically viable. Until a prefeasibility study is completed, there are no assurances the release of an updated mineral resource will be economically viable.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, the proposed construction of a mill, business and financing plans, business trends and future operating revenues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any minerals produced, the Company's inability to obtain any necessary permits, consents or authorizations required for their activities, to produce minerals from their properties successfully or profitably, to continue their projected growth, to raise the necessary capital or to be fully able to implement their business strategies. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

[AmericaTheBrave]

9.1% up. That's strength!

[gimmeMYcash]

Yes sir ATB, the shorters are gonna get squeezed! We are going to see a lot of long positions be taken VERY soon. Go ECUXF!

[AmericaTheBrave]

That's it. Now we are up 4%, but come on, this is a bargain!
The Price of Silver is way higher right now than a year ago, and the Production cost stayed the same. Ergo, the company makes big gains. Sooner or later, the PPS will reflect that. And... BTW: The shorters will have to leave the battlefield some of these days...Silver will go back up!

[gimmeMYcash]

How low can she go? Oh, what a deal ECU is right now. PPS is half of last Falls rally highs, yet silver is 50% higher right now then back last fall. Just don't make sense to be @ these levels much longer. Waiting on the bounce!

[AmericaTheBrave]

I have doubled my position here this week ;)

[gimmeMYcash]

ECU held 7% of yesterdays gains. Not bad considering the rest of the miners today. Solid company. Best opportunity in 2 years to buy into the miners is during the current window of correction, caused by serious market manipulation by the nice government men and their corrupt CTFC and the SEC buddies. Too many people shorting gld/slv. Short squeeze is going to play out big time long term. Now is the time to be adding to your porfolio in my humble opinion! Go ECUXF!

[AmericaTheBrave]

9.1% UP right now!

[AmericaTheBrave]

We have much in common! That truly is so! And I have to add also, that even though the miners are very low right now, they make huge profits, because they can produce the ounces for much less than the spot-price. You know what that means: Huge gains weren't reflected in the PPS. Go ECU!

[gimmeMYcash]

Yes, The miners have been shorted. ECU is @ Novembers PPS. Everyone has to consider that silver was around the mid 20's then. Where are we now? The more I think about it the more I feel that record profits shown on this years books will propell the mining sector. This is why I feel the summer doldrums may not play out as usual this year. Many producers will be reporting HUGE profits and I think this fact will boost the mining sector as a whole.
When earning catch up to the silver price LOOK OUT! This is just begining to happen. There is always a lag in the miners with respect to spot price and pps. ATB, we have much in common my friend. Go ECU!!

[AmericaTheBrave]

Important: Yesterday the CEO said (through a Marketwire-PR): Gold and silver prices have surged since the beginning of 2011, despite a sharp correction this past week. However, most of the stocks in the mining sector, including both producers and explorers, have significantly underperformed the precious metal price escalation. Many analysts attribute this incongruity to an over-riding investment strategy implemented by many hedge funds in which they "hedge" the sector investment by collectively going long the metal and short the mining stocks