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Dr. JS wanting back on the board again means nothing. He made a pile of money in salaries doing nothing but hiding the truth. All evidence points to him being not too sharp at anything but scamming.
I got my hot sauce ready!! Where is that crow you have been promising me??
Dr. numb, he touched all of clydes samples including the subject samples collected in May 2018, 10 months ago. He didn't touch Dave Smith's samples(nil PMs), or NMBM samples (nil PMs), or USFS samples (nil PMs), or samples tested by McCllenan (nil PMs)
ECPN production/revenue announcements through the ages and ages,
May 13, 2004 El Capitan Precious Metals Inc. President Chuck Mottley stated, "Our preliminary tests on the settlement ponds and tailings at the COD mine show great potential for immediate cash flow. We expect to be in production in the next 30 to 60 days."
July 28, 2004 El Capitan Precious Metals, Inc. (the "Company" or "ECPN") (OTCBB:ECPN) announced today that it has signed a new non-binding letter of intent with Asia Finance Corporation ("AFC") to deliver up to 3 million tons of iron ore per year
April 18, 2005 In this second quarter of 2005 we expect to be in production with a positive cash flow from our "high-grade silver" project in Nevada.
Oct. 24, 2005 We are very close to a major event that I believe will make us a major contributor to the future needs of the world.
October 05, 2011 the facts are compelling. The company has an extraordinary asset in the form of a surface minable measured reserve of 141 million tons consisting of 1.2 ounces of gold equivalent or better per ton.
September 25, 2014 announced today that it has reached a final agreement for the sale of precious-metals-rich tailings from the El Capitan mine to a Hong Kong-based trading company. the Company expects to see positive cash flow in Q1 of its fiscal year, which is Q4 of the 2014 calendar year.
December 16, 2014 In completing its transition from an exploration company to an operating mining company, El Capitan Precious Metals, Inc. (OTCBB: ECPN) has achieved its most significant milestone. The Company reports that it has begun transport for delivery of its precious metals concentrates.
March 23, 2015 The impact of the disruption will delay revenue into the quarter beginning in April 2015, with the result that Projected Pre-Tax Profit for 2015 booked on an accrual basis in accordance with Generally Accepted Accounting Principles (GAAP) is revised to $2.4 – 3.0 million, with positive cash flow occurring in the quarter ending June 30.
May 11, 2015 today reported that, as a result of a meeting between the ECPN Board of Directors and senior management of Logistica US Terminals LLC, its contract mining partner, the Company is moving forward with a plan that will enable it to meet performance projections announced in March of this year.
October 06, 2015 ECPN) announced today that it has realized the first payment on a large purchase order for the sale of high-quality iron ore. This revenue represents the beginning of what Company officials believe will be an on-going revenue stream—and this operating cash flow, in effect, transitions the Company from an exploration company to a mining operations company.
November 19, 2015 ECPN) announced today that it has reached a long-term agreement for the sale of iron ore that will commence in December. It is expected that this new agreement will result in the sale of approximately 45,000 tons of iron ore over the next 12 months.
January 22, 2016 Under its existing permits, El Capitan will commence sales this month, to the extent that weather permits. The plan calls for the rate and size of shipments to increase over the next several months.
February 16, 2016 “A June Shareholder Meeting,” said Stapleton, “will enable us to deliver specifics on the positive cash flow that is expected to result from the sale of iron ore and precious metals concentrates over the next several months.”
May 31, 2016 ECPN) announced today that its contracted processing agent, Logistica U.S. Terminals, LLC, has placed in excess of seven tons of precious metals concentrates into a bonded COMEX warehouse in the name of El Capitan Precious Metals, Inc. The warehouse receipt demonstrates the value of the concentrates to be $3.7 million.
invest, One need not have qualifications in geology to see el cap is a scam, one just needs common sense. Read through the PRs and apply a wee bit of intelligence and it is crystal clear that el cap is an obvious scam
Dr, we have been proven right for decades
Lozensky lackey R Bouldin touched all of clydes samples, didn't touch Dave Smith samples which returned nil PMs
The issue is not recoverability, the issue is PM content of the ore. PM numbers have been all over the place due to irregular salting. Gold dust is easily leachable.
Why were previous leach tests negative?
Why did USFS samples return nil PM values?
Why are current results orders of magnitude below chuckiepoos oft quoted 1.2 opt?
Why did Dave Smith's samples return nil PM values?
get there is no gold, The testing being done is on just a few tons, easy and cheap to salt, no company will trust ecpn results, only their own work will be trusted,real analyses have been done over and over showing there is no PMs at el cap, still ecpn are able to continue to fool some that there are PMs despite overwhelming evidence there is none, if JB is honest he is also delusional
no news, just a slow creeping realization amoungst shareholders that ista has been right all along and there are no PMs at el cap. And that lying larryloo's pawn, handy dandy randy, is still looking after sampling.
the cyanide recovery was 85 to 95%. Why did previous cyanide recovey testwork fail? Because there was not $5.00 worth of inquart added to the samples in the previous tests.
fumming,The new board is doing nothing, there is nothing to do. The company is bankrupt.they have absolutely no PM ore at el cap.
Will the new board have the courage to admit this to shareholders? I doubt it. They will just fade away. Debt holders will go after the iron at el cap which could have a bit of value.It is too late for this iron to help shareholders. Credit holders might get a few cents on the dollar.
Too bad management did not listen to ista and start finding a JV partner for the iron a couple of years ago. No they had to ignore good advice and continue wasting time and money on the PM fallacy.
I would not be surprised if lying larryloo has claimstakers standing by to restake ground ecpn drops. He will then try and reboot the ecpn scam.
Invest, It is all just meaningless gobblygook. Key sample info missing. There is no info except they were both 20 kg. You need to add just $3.00 to $5.00 worth of gold inquart to samples to achieve the stated head grades.
Of use to the cognizant is that recovery info incicates clearly that muttleys BS about el cap dirt being difficult to assay is BS. What needs splaining is why all of Dave S's surface samples came back with <0.03 ppm Au (<0.0001 opt Au).
A PR just like the one below is due out soon if current ecpn board has even the slightest bit of integrity.
February 04, 2009 07:30 AM Eastern Standard Time
RENO, Nev.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTCBB:ECPN) reports that confirmation test work performed at a major commercial laboratory failed to duplicate the encouraging gold leaching results reported on December 10, 2008. The assay results from the confirmation test work indicated gold head grades of less than 0.004 troy ounces per standard ton. The confirmation test work used four 500g composite samples from El Capitan deposit drill hole material, all of which were finely ground (80% passing 17µm) prior to initiation of a 10-day leach cycle.
Ken Pavlich, ECPN President & CEO, stated, “While we know that the test procedures used were not precisely the same as those employed last fall that led to the positive results discussed in the December press release, we have every confidence in the personnel, equipment, and procedures involved in the current set of leach tests performed at this Canadian laboratory. Consequently, there is no reason to question the accuracy of the reported results.”
Mr. Pavlich continued, “While we are troubled by the conflicting gold value determinations between the current tests and those conducted late last year, we must place further investigation on hold until we have evaluated all strategic alternatives available to the Company considering both ECPN’s financial position and the current capital markets.”
About El Capitan Precious Metals, Inc.
It has been over 4 months since C Smith went to el cap and re-sampled the head ore to confirm PM content. Why oh why is baldboy hiding the results from shareholders?????
Git, I think there may be a case for malpractice against Smith. He gave a great deal of legitimacy to ecpn's false claims about PMs at el cap over a period of 13+ years. He had many many opportunities to establish the truth that there are no PMs at el cap. Instead he went along with the BS, ignoring many many red flags. Whether he did this purposely or through incompetence is uncertain in my mind.
git, I could be wrong but based on his history I don't think Clyde and his son are scammers. And Clyde has shown a great propensity to be bamboozled by people named Chuck (ager and muttley). Hard to imagine that someone with a scientific background could believe anything coming out of the mouth of either of those chucks but some people have delusional tendencies. I think when Clyde took his surface samples and they came back good he became a believer that there were really PMs at el cap. He made up an imaginative geological scenario to explain it. He was too naive to realize that his friendly helper handy dandy randy was working with lyinglarryloo to skew the results so lyinglarryloo could sell his shares for a good price.
Have you read Dave Smith's report to the current board? It presents the sad facts without comment. But it clearly shows that what I have been saying is close to the truth. The samples that Dave Smith collected independently came back with nil of nil PMs. Those samples were analysed by a reputable lab. Delusionists will bring up "assay protocol" nonsense, but as we know that is just smokescreen invented by muttley to fool gullible shareholders.
fumming fummer steve, no news yet, ol Clyde and his son are still scratching there heads flummoxed by what happened. They are not the sharpest tools in the geologist shed and can't believe they got so scammed by ol handy dandy randy and his inquart(generously donated by lyinglarryloo).
My guess is they have collected samples of various things and are awaiting results. So they can tell management without doubt and in no uncertain terms that ol ista has been right all along.This will come out eventually.
All they really need to do is repeat Clydes surface samples collected with handy dandy's help and which came up with PMs. Without handy dandies help those same rocks will return nil PMs. The one and only explanation for that is that ol ista was 100% correct all along.
$200,000! that is about what ol lyinglarryloo took from oneb when he convinced oneb to mortgage his house and give him money supposedly to produce gold. lyinglarryloo has an impressive ability to find gullible marks and take their money.
ol hdoggydingdong reckons ecpn is the bomb. pilot plant operational by xmas. oodles and oodles of PMs will be produced giving shareholders golden xmas presents.
Nice fantasy, but unfortunately, as documented by Dave Smith,
1. there ain't no PMs at el cap,
2. the so called canadian cons aren't even from el cap,
3. the only samples from el cap with PMs were touched by handy dandy randy and even those are several orders of magnitude below what stapledtongue said.
I would guess that new management will put something out soon which will yank ol hdoggydingdong out of La La land.
speaking of false and misleading, I don't think any information coming from stapledtongue about ecpn was not false and misleading, One of many many examples - his claim that the 7 tons of dirt put in an Az warehouse was worth $3.7 million. I think this same dirt is what was sent to Canada and is now referred to as the Canada cons which assayed 1.4 g/t. Lets see, 3100 ounces of gold is worth $3.7 million. That is 440 opt or 14,000 grams per ton which is 10,000 times 1.4. Wow, I think ol stapledtongue could apply for the guiness world record for false and misleading.
A very impressive showing, a world class display of disception.No wonder crunchy shows stapledtongue so much respect.
The report from Dave Smith clearly indicates that ol ista has been correct all along and any samples not touched by cuplrits or cohorts return nil PM results. Hence the forwarding of the results to the legal team. Proving the who, when and where for the salting will prolly be impossible. But Stapledtongue's failure to report Dave Smith's 2012 results is a clear and blatant failure to report material information. Instead stapledtongue put out clearly false and misleading information.
He has a valuable house.
"Some higher-grade samples indicate gold values present as free particles." them there free particles be the inquart courtesy handy dandy randy and his master lying larryloo
hi there panipoo, you wanna sue? I believe that the failure to divulge the results of Dave Smith surface sampling was gross failure to disclose material information to shareholders. Go after Stapleton's house. It was built with your money.
As ista has always said, handy dandy randy has a very positive effect on assays thanks to inquart supplied by lying larryloo. but ol handy dandy did not put in enough to get up to the magic 0.4 opt. 3.7 g/t is about 0.1 opt. The real PM content of el cap dirt is revealed in the surface samples collected by David Smith which agree 100% with what ista has been saying for decades. These differ hugely from the surface samples collected by Clyde Smith who was enthusiastically helped by lyinglarryloo vassal handy dandy randy in his sampling efforts.
with the culprits and cohorts walking away scot free with their pockets stuffed with money, especially lying larryloo
fuming fummer is on to something, $27.00 worth of shares traded today. Selling like hotcakes.
fuming fummer, your information ýou believe about me comes from muttley so no wonder you live in fantasy land. The massive amount of pure unadulterated BS that has come out of muttleys mouth is legendary.
The iron at el cap potentially has a bit of value. There is not the slightest sign that current management has the slightest clue how to cash in on that potential value.
95+% of the volume was at below 0.017. so really going down. total volume was $2000. For most shareholders, not worth the bother of selling
panipoo, you committed a crime against your bank account when you didn't listen to ista
git the slimy weasel will prolly slither out of trouble
fuming fummer, to log into the lmi site you have to place your hand on a holy bible and swear that you are not ista the totally correct.
fuming fummer, here's two
ecpn.lmi.net
https://finance.yahoo.com/quote/ECPN/community/
There is more than one machine, there are the crushers, grinders and magnetic separators at el cap and the machine in Arizona which supposedly belongs to charlatan davidson. IF el cap really had PMs and the machines on site concentrated them, then they would not need the Arizona machine. They could directly ship the concentrates to a smelter.According to chuckiepoopoo they produced and shipped 12 opt concentrates produced with gravity methods way back in 2005. Those cons did not ever produce one thin dime in revenue and they threw them away. All current concentrates have exactly the same value as those 2005 concentrates - ZERO
panipoo, no amount of good guidance is gonna fix the big problem that el cap gots no significant PMs or the minor problem of looming bankruptcy destroying the potential value of the iron to shareholders.
fuming Fummer, It is not massive it is in layers and lenses and mixed with non-magnetic iron and other minerals. It can be concentrated with magnetic separation but all this costs. el cap is too far from port to sell the concentrates on the world markets so you need a local one and there isn't one. The idea of building a steel mill in Almagordo is just that, an idea. No site, no permitting, no feasibility studies, nada. Like you say years away from fruition if ever.
With no other source of revenue, how is ecpn gonna pay it's debts and survive waiting around for a steel mill to pop up? They can't even keep their reporting current so they ain't gonna be raising money on the market. Their only hope is to sell el cap to someone interested in the risky long term potential of the iron. They will not be paying top dollar.At $0.02, ecpn shares are way overvalued.
If the concentrates sent to China had PMs worth extracting then those PMs would have been extracted in China. It is ludicrous to think otherwise.
The concentrates are nothing but a shell game used by culprits and cohorts to confuse the scammed and keep them from realizing that the PMs at el cap always have been and always will be nothing but a big lie.
Dr, you are right, git is wrong, ecpn management have proven over and over that they can be stupid beyond belief, doesn't matter who their names are.
invest,
that research is one small sample. There is other research where Auric analyses were very far from reality. The most telling evidence is who their clients are. Check the news part of their web site. Every one of their clients discussed in news are outright blatant scams.
seems new management is already failing their commitment to keep shareholders fully informed. Assays should not take more than 2 weeks and it is 26 days since Clyde collected his samples