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Something going on with this stock?
At 1 year high and revocation proceedings can happen at any time?
Anything going on with this ticker?
Up 400% in two months on nothing?
Happy New Year everyone! Mr Gold do you think this year will be any different?
New update has been released. It can be viewed at the company website here.
What do you think the chances ECPN will be in business this year as projected?5 months left.
Whoever that old board member was... they're a liar. There's no gold to recover. Or platinum. Just lots of subeconomic iron.
It only works if they can start production. Enough with the testing and song and dance stuff, just produce. All those bills they have are just small change if they can produce. One of the old board members said even a small pilot plant would generate up to $20 million a month. So get financing for the pilot plant and get into production. That's the only thing that matters.
It's too far gone.Renewals coming up in August that were just paid,500k for SEC, Lawyers, Taxes, Accounting, funds to get operational ,back wages and then the millions of shares that Stapleton, Antol ,Davidson ,Lozenskys kids have.We would be lucky to see 2 cents if the stock ever begins to trade again.
Sending these clowns your email address is about as dumb as responding to a Nigerian scammer. ECPN is a stock with no value....and running dubious promotions of a valueless mining property. Why give them personal info?
New update, bold added by me:
May 2022 Business Update
BUSINESS UPDATES – 2022
from ECPN Board Chairman Doug Sanders
I am calling this the “housekeeping” update… as we begin some long-term planning that is likely to
include the resumption of Annual Shareholder Meetings that could begin as early as Q1 of 2023. With that in mind, we are trying to get a handle on a few things… as we, simultaneously, continue negotiations and due diligence with multiple sources of funding.
First: Improving our ability to communicate with as many shareholders as possible.
We currently have a database of shareholders who have registered their emails via our website and those shareholders are sent Business Updates whenever there’s a new one posted to the website. And, as best as we can estimate, it accounts for less than one quarter of current shareholders. If you are not already receiving Business Updates by email, we encourage you to register your email on the ECPN website (on the Home Page, bottom left… elcapitanpmi.com) so you are among the first to see news and updates.
Second: Learning more from shareholders about how their shares are held, by whom, and actual holdings in terms of number of shares.
We’ve created a short Shareholder Survey to gather information on shareholders that will help us make our database more robust and complete — and give us a better picture of our shareholders, both individually and collectively. And it will help us better understand how many of the total shares issued are held with brokerage houses so that we can create a communications strategy that also includes those fiduciaries, if possible, and gives them updates related to SEC filings and trading status. In preparing the Ballet Packets for the 2021 Election we learned how difficult and expensive it can be to reach all shareholders and are looking for ways to streamline that process. We also anticipate that we may be in a position to begin generating dividends to shareholders within the next year and want to make every attempt to strengthen our communication channels.
The survey is just a few basic questions, and we encourage you to complete it via this link:
https://www.elcapitanpmi.com/shareholder-survey/
You know what they say: Knowledge is power. And I can assure you that not only will your personal
contact information be kept private, but we will use the knowledge we gain to fuel our forward progress toward our short-term and long-term goals. Thanks again for your trust and support. I look forward to sharing more news and Business Updates in the weeks to come.
Doug
I don't think Sanders is willing to spend retirement in prison.Was it a scam,maybe in the past.Now it's just wishful stupidity,thinking that it can be saved.
Has it not sunk in yet that ECPN is a scam? Sheeez.....
Needing to raise 500k for SEC.
Paying back 750k.Plus another 150 k and then all the salaries on top of that.ECPN owes Antol alone 350k if not more The hole is so deep.Maybe our grandchildren children will see 30 cents a share.
I can never understand these 5 zero trades.. must be MM? Retail cant buy below .0001
Proving a resource by "producing"? How clever!
Just curious, what is the latest commodity to be produced? Platinum? Gold? Silver? Iron?
No more testing. To go into production and prove the the resource that way.
"needs a lot of money"..........LOL.... good one!
Every long-running mining scam that has run out of suckers needs "a lot of money". For what!? More bench testing by friendly labs?
I don't know Doug Sanders so anything I've heard is third hand rumor. He has a plan to go forward but needs a lot of money. That's about it for the condensed version.
So we wait.
New business update:
https://www.elcapitanpmi.com/april-2022-business-update/
I thought it was a red flag when Doug said the joint venture was with a company that ECPN has a long standing with.
One of the biggest problems I see is they want to JV with the Iron Duke mine and process the ore together in one pilot plant. The Iron Duke is Larry's old mine, and despite what was in the updated 43-101, the Iron Duke doesn't have any PMs and a lower grade iron resource. But low and behold, when they process the ore from both mines, all the recovered PMs will come out of the Iron Duke share of the ore. ECPN won't see any of it.
It's so slick you can't really make this stuff up. Let's hope Doug stays on top of this.
Getting into business and mining p.m.s and Ore will not be profitable for the majority of the shareholders. Maybe the newbie but not the oldies. The company has to much debt and will be acquiring more.Yes if you bought at 2 cents a share maybe,but not 30 cents a share.ECPN owes Steve Antol 350 k,300k for SEC filing,claim refunds,new equipment,Refunds for Doug's investments and others after they split the revenue in a joint venture the piece of pie won't be big enough to make a difference.Not to mention what will happen when people like Stapleton and many others who stole millions of shares of stock start dumping it.ECPN is like a retired old whore, trying to make her self pretty again,so she can get out on the streets to make some money.
They've issued a report claiming to be 43-101 compliant? Interesting, considering this company is not Canadian traded. The BCSC and the SEC might have some thoughts about that.
Latest business update announcing a possible JV, and an updated 43-101 by Dr. Clyde Smith. The link to the 43-101 is here: http://www.elcapitanpmi.com/wp-content/uploads/2022/03/El-Capitan-43-101-ReportUpdate_-3-22-2022.pdf
Ill gladly take your shares if youll sell them to me!
Doug is getting this company back on track! With that SS.. .0001’s are GOLD!
ECPN has a contract for some iron ore.The problem is they have no way of shipping it.So they are asking for volunteers. IF you have a pick up truck,or a van,Suv,or a car with a big trunk,they will be grateful if you could Hall a few loads.Remember many hands make light work.Also if you have a shovel and a rake that too would be greatly appreciated.keep your receipts for gas,and even though there is no guarantee that they will reimburse you,they will give you a signed photo of David Davidson holding a large nugget of gold.Have a great week and stay tuned for more news.
LOL....plenty of other mining scams to focus on.
Seriously though....now that their share selling abilities are defunct, how are these guys gonna support their lifestyles?
Oh, I forgot, they have a platinum/gold/silver/iron ore mine. Start shoveling!!
Maybe Gitreal but what would you do with your life?
They should let them lapse and end this years-long con game.
Gold are you going to help with renewing any leases for the claims?
Oct. 27 – Weekly Update
Wednesday, October 27, 2021
The past week has been filled with lots of activity in terms of meetings and conference calls as well as research and contract discussions… and, while it would be premature to report any definite news, it’s my opinion that we have moved a few initiatives forward. Hopefully, in the next few weeks, we will see one or two discussions move closer toward agreements for the sale of our products that will bring in some revenue.
Our highest priorities are ensuring that our extensive land leases are protected and building cash reserves to fund the work needed to get our SEC filings up to date.
The accounting and legal work needed on the SEC filings is a big nut… but a high priority in terms of
industry credibility, stock trade-ability, and our status on the Exchanges and with brokerage houses.
More next week…
Doug
https://www.elcapitanpmi.com/oct-27-weekly-update/P
More news coming up,on how there is no news. Stay tuned in.
Nobody but maybe another scammer wants a subeconomic iron deposit. Especially a property used as a prop to rip off investors for more than a decade.
October 6th – Weekly Update from ECPN Board Chairman Doug Sanders
Wednesday, October 6, 2021
Earlier this week I signed an NDA (Non-disclosure Agreement) that opens the door for talks and information exchanges with parties that are interested in the El Capitan property and its resources. Not sure how these conversations will unfold or what, if anything, will come of them but the message I want to convey in this Update is a simple one: We have multiple irons in the proverbial fire related to the future and profitability of El Capitan and it’s my intention to explore every option toward that goal.
Doug
Wow, gold, platinum, iron AND rare earths? These hucksters won't quit promoting this crap.
Update from ECPN Board Chairman Doug Sanders
Wednesday, September 29, 2021
Reporting in from our mine site in New Mexico and working on several projects that will move us forward. One of the most important, in my opinion, is seeking buyers for our ore and Precious Metals (PMs). And on that front, there are multiple conversations in progress with different buyers of different products (or combinations of products) related to:
iron sales to cement manufacturers, through a broker
iron oxide sales, through a broker
rare earths and precious metals, through a broker
total operations of the mine to produce and sell precious metals and rare earths to – temporary mine operations to process our existing stockpiles of ore to generate some cash flow
When we have actual news to report… you all will be among the first to know.
Here’s a photo from El Capitan… in which I’m taking an XRF reading on a random ore sample which will be helpful as we begin new assay work with potential buyers.
That’s it for this week…
Doug
https://www.elcapitanpmi.com/weekly-update-sep29/
Yes, I know all that. And it didn't go far enough, IMO. And too late for all the investors ripped off by ECPN.
They are at trips because of the recent SEC rule change requiring brokers to no longer quote non reporting stocks. Simple as that. The SEC hasn't taken any action against ECPN or thousands of other non reporting pinks. If you can't get quoted, they are no bids to buy. After The 28th you won't be able to sell either. It's happened to thousands of Pinks.
3 years delinquent! I expected that they would be suspended by now, since it seemed that the SEC was starting to go after companies after a year or two of delinquency. They were on borrowed time.
Gosh, billions in platinum, gold, silver, and iron.......just waiting to be plucked from the ground. A few years from now, someone else will start promoting El Capitan and start the whole scam over again.
Well, they're about two years delinquent, so they're due to have their registration revoked.
It's sad that so many held on till today to finally sell whatever they have left. Soon, it will be no bid and there will be no market for it.
I'd have to go back and look at an annual report to see when these shysters starting promoting El Capitan. I think 2005 sounds about right. They took investors for tens of millions over they course of the last decade or more.
Hopefully the SEC will shut down a bunch of non-disclosing POS companies (like ECPN) next week.
Lovely 5 year chart......
A 15-20 year chart would be even sadder looking.
When did ECPN start? Was it before 2005, when it acquired the worthless iron ore/platinum project?
So, this is how it ends? How many millions did the operators of this scam bilk from investors?
Even lower than that.Stock is dead.Wont ever rebound enough for investors to ever make any money,or even break even.Stapleton,Balding,Motly,Antol,Davidson.Martinez in the old days would be tarred and feathered.Left in the dessert with no food or water.ran out of town,houses burnt down and families left in the streets.
Looks like ECPN has flat-lined around $0.0030, and is that how it ends next week when it is sent to the grays?
Iron ore? Who cares, has nothing to do with ECPN which has no economic iron ore. Or precious metals.
What is interesting is that ECPN has dropped 50% in the last month. Not surprising considering it is multi-years delinquent and likely gets suspended at the end of September.
Iron ore price is down 40% since July
If you didn't care you wouldn't of defended yourself. Prior management,, that's interesting. But you haven't seen it in writing from Sanders?
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El Capitan Precious Metals
Our goal is to build long-term value for the Company's stockholders and execute a Strategic Plan that will culminate in the sale of the El Capitan Property.
We are committed to implementing green technology, fostering innovation, and knowing and serving the Company's stockholders as well as building trust through honest and open communications.
The El Capitan Story
While the El Capitan deposit comes with metallurgical challenges, the near-surface, pervasive nature of this deposit, all of which occurs above the regional water table, provides the potential for both a low mining cost and a long life operation. An investment in ECPN represents an investment in a late-stage exploration / early-stage development company with a gold, silver and platinum group metals discovery that has already seen almost 13,000 feet of successful core and reverse circulation drilling within a 200 acre resource block. In addition to developing a better understanding of the metallurgical issues associated with this deposit, the Company is focused on acquiring federal and state permits to conduct sub-surface exploration on a 2,000 acre claim block extending east, west and south of the current resource area. This prospective portion of the El Capitan land package contains a number of attractive targets identified through surface sampling, as well as gravity, magnetic, and hyperspectral remote sensing.? ECPN is executing its strategy for the development of the El Capitan deposit in a manner that is conducive to steady and sustainable share value improvements. ECPN is targeting long-term value investors, and we are specifically avoiding the type of promotional activities that result in unsustainable temporary share price movements that typically attract short-term, trading oriented investors. We believe that our conservative approach to this asset, and to the financial markets, supports our goal of steady and sustainable share value enhancement. ?ECPN represents an important precious metals investment opportunity that should be part of the portfolio of the risk tolerant, mid-to-long-term investor looking for leveraged exposure to the precious metals market through a late-stage exploration / early-stage development asset.
The El Capitan deposit has been known as a potential iron ore resource for several decades. The U.S. Bureau of Mines drilled approximately 140 shallow holes through the outcropping, shallow-dipping magnetite skarn deposit in 1944 and 1948. The outcropping deposit was mapped at a scale of 1:3,600 in 1952 (Kelley, 1952). Small-scale iron ore production totaled approximately 250,000 tons in the years 1961-1988. El Capitan Precious Metals, Inc. conducted a ground magnetic survey and a drill program of six shallow holes in 2002. Although only low precious metals values had been obtained from the deposit by "standard" fire assay over the years and no significant exploration had been conducted on the property, in May, 2004 El Capitan Precious Metals, Inc. submitted a few samples of magnetite iron skarn to a metallurgical laboratory in Salt Lake City, Utah. The lab separated the samples into magnetic and non-magnetic fractions and reported significant gold and platinum results on the non-magnetic fractions using their proprietary caustic fusion assay method. These results prompted a 32-sample surface sampling and assay program conducted in January of 2005. The lab reported potential ore-grade gold and platinum results on all 32 samples; this caused El Capitan Precious Metals, Inc. to undertake three stages of diamond core, open-hole rotary, and reverse circulation drilling to outline the existing 141 million tons of Measured Resource with a gold equivalent grade of 0.044 opt.
Geology of the El Capitan Deposit
The El Capitan deposit is located at the most prominent structural intersection in New Mexico, within perhaps the greatest exposed concentration of Tertiary intrusions in New Mexico (Cather and others, 1991), and is apparently underlain by a large mafic or ultramafic intrusion. The structural intersection is formed by the north-south-trending axis of the Pedernal uplift-Mescalero arch and the east-west-trending Capitan lineament. In the south, the Pedernal-Mescalero axis closely parallels the Sacramento uplift, an east-tilted fault block with evidence of at least three periods of deformation (Precambrian to late Tertiary), and in the north it closely parallels a series of faults and folds in the Picuris-Pecos trend. The Pedernal-Mescalero structural zone coincides generally with a belt of crustal thickening and alkalic intrusions (Bird, 1984) that marks the boundary between the tectonically active Rio Grande Rift (a branch of the Basin and Range) and Rocky Mountains on the west and the tectonically stable Great Plains on the east. The Pedernal-Mescalero axis appears to be offset approximately 10 miles across the Capitan lineament (Cather and others, 1991). The Capitan lineament is a well- defined basement fracture and magmatic zone that may be traced for over 300 miles from Socorro, NM into western Texas; in the area of the El Capitan deposit the lineament is reflected by the Capitan pluton.
The Tertiary intrusions form the Lincoln County porphyry belt that includes at least 11 stocks and laccoliths. The east-west elongate, 20 mile-long Capitan pluton is a Miocene aplite (granitic) laccolith that plunges westerly and underlies the El Capitan deposit. Thompson (1991) concluded that magmas in the porphyry belt were generated from both lower crustal and upper mantle sources and McLemore (1991) concluded that a diversity of mineral deposit types in the El Capitan region resulted from several different complex magmatic fractionation and differentiation events. Roberts and others (1991), show a coincident steep-gradient aeromagnetic anomaly and a gravity anomaly. These anomalies cover an area of over 270 square miles, show northerly and easterly structural trends, and are interpreted as reflecting a large mafic or ultramafic intrusion that underlies the Lincoln County porphyry belt and the El Capitan deposit. It is possible that precious metals bearing hydrothermal fluids that formed the El Capitan deposit were differentiates from this buried mafic or ultramafic intrusion.
Future
El Capitan ore includes the iron minerals magnetite and hematite. Magnetite is a strongly magnetic mineral readily separated into a commercially viable concentrate of > 62% Fe (iron). Separation of magnetite leaves a gold-bearing, non-magnetic, hematite concentrate available for sodium thiosulfate leaching of gold and, possibly, platinum.
Barrick Gold Corporation has demonstrated the viability of sodium thiosulfate leaching starting in 2016 at its Goldstrike Mine in Nevada, the largest gold mine in North America, that has produced 42 million ounces of gold to date. Incentive to commercially exploit the ore at El Capitan rests on the successful results of sodium thiosulfate leaching, as well as successful commercial sodium thiosulfate production by Barrick Gold Corporation at Goldstrike.
Relevant Sodium Thiosulfate Benefits:
Sodium thiosulfate produces comparable leaching results to sodium cyanide, the most commonly used leach chemical in gold mining.
Sodium cyanide is a deadly chemical that has degraded environments at many mines around the world. Sodium thiosulfate, by contrast, is a relatively benign chemical that is not-toxic in the environment.
John Balding, CEO
Jeff Proper, Legal Counsel
Daniel Martinez, Chairman
Chuck Mottley, President Emeritus
John Balding
Clyde Smith, Ph.D • Geologist
Clyde's ResuméDavid S. Smith, MS, MBA, CPG • Geologist
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