Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
10, It could have gone up a penny because of oneb's vigorous spreading of ecpn lies. He is good at spreading lies.
But 10, if you really believe Ecpn bs then there would be almost no difference between buying at $0.04 or $0.05. After all if there is any truth whatsoever to what Ecpn says about El Cap then Ecpn is a $10.00+ stock. Why quibble about 1 cent when the gain will be $9.00/share or more? Perhaps you are a day trader desperate to unload at $0.065.
10 don't worry, you will be able to get your fill at less than $0.03 soon
Git, Stapeledton consistently releases false and misleading information. Is it not better to release this false linformation selectively to minimize the damage it may cause?
Pan, what I say is.that.it is the same old crap. Ecpn will never ever produce any significant pms from el cap. The road problem and new widget crapola is just smokescreen
Pan,the share price not falling to sub-pennies says that there are day traders looking at historic chart thinking that they can sell for at least $0.075 in near future. This would be a very good short time return buying at $0.06. Could also mean there are still some deluded patsies around who believe ecpn continued BS.
But why not listen to confirmed undeniable facts? Like the fact they stated they had produced concentrates grading 12 opt Au equivalent in 2005. Dirt with this grade could be instantly salable to numerous eager buyers fighting to get their hands on it. This concentrate was never sold. At the grades ecpn stated it should be worth well over $2,000,000. That is 40,000,000 $0.05 shares.If they lied then why oh why would you believe anything they say now?
And they are doing it again. According to them they have again been producing concentrates with oodles of PMs. They still can't sell these. The road issue is nothing but a smokescreen to blind the patsies they are targeting.
Pan, Ya got the day traders who have historically made good money buying at around $0.05 and selling for around around $0.09. So some of them are buying. But the low volume means even they are worried about price dropping to $0.01.
And then you got deceivers like oneb and stio convincing newbiesuckers that ecpn is an incredible bargain at less than $1.00. Wasn't it PT Barnum who pointed out there was a "sucker born every day". Or was it every minute? PT Barnum is upstuck candlestick's guru.
Pan, They been producing concentrates since before 2005. Back then they reckoned their concentrates graded 12 opt gold equivalent. A mere $15,000 per ton. Couldn't sell them then either. But boy oh boy did they raise some money on the back of them. Made ol larry a millionare. Ya they were worthless for shareholders, but not for larry.
Todays cons ain't no different. 'They got nil PMs just like the old ones, but some crazy loons think that for some unknown reason things are different this time.Well they are not. This is proven by lack of sales. There is nothing at all hard about selling precious metals concentrates unless ista has been right all along and they have nil precious metals in them. Ol ista has been right from the start.
It's beginning to look alot like christmas, snow is flying here and there, black friday was here and gone, and oned is predicting ecpn shareholders will get christmas present from management. ecpn share holders might get a lump of precious metal barren magnetite in there stocking some year but not this year.
by onebeliver • Nov 19, 2009 10:26 PM
Hello friends!
I want to give you all a Christmas present, but you can't open it until Q-4 2010
Q-4 we will have been acquired by another company for fair market value! At 1,500 gold it would be 9.88 per share!! When you get your new shares Q-4 next year, I want you to sell enough to get your total investment back plus a fair return on your money for the months, or years, or for some of us, MANY YEARS that our money has been tied up!! The rest leave in the acquiring company because the shares of the acquiring company will skyrocket as the bull market continues!! No matter what you read on this board, Chuck and Larry are not crooks,idiots,or scam artists. They are kind men who care about the shareholders.
Your sincere friend,
One
onebeliver • Sep 8, 2011 8:08 PM Flag
I am out doing something productive...
I am trying to accumulate all the ECPN shares I can while I can!!!
CAN YOU SAY "SIX PLUS" BAGGER IN TWELVE WEEKS???
HUMMMM!! NOW THAT WOULD BE A NICE PRESENT GOING INTO THE CHRISTMAS SEASON WOULDN'T IT???
onebeliver Sep 15, 2010 9:47 AM Flag
Remember when we were kids and the packages were under the tree? Not only did we have to wait until Christmas morning...but had to wait until AFTER BREAKFAST too!!! How did we ever survive? Even though it seemed impossible, we did survive that wait and it was worth it all!!! We will all live through this wait as well and then it will be time to open the gifts once again!!! What do you guys want most with your ECPN Christmas gifts?
onebeliver • Nov 20, 2011 11:29 PM Flag
I am really getting in the Christmas spirit! We even put up our tree today! Had all seven grandchildren here to help decorate and it is beautiful!!
I would like to ask all of you to at least "consider" the possibility of buying yourself some ECPN as a gift to you! A thousand shares at less than 500 dollars!!
Why wait until the IB signs and the sp is 100% higher than it is now?
I want you all to know that I am being sincere about this!
Trying to be helpful...I really am!!!
One
Just so ya know, the next 10-K is gonna show very clearly that the focus of the highly transactionally focused ecpn team has been mightily focused on the transactions of selling shares with nil evidence of any focus on the transactions of selling dirt, the mine or the company. you’all will hafta wait until the end of Dec to see just how incredibly correct I am. And then ya just hafta wait till Feb 15 10-Q to see how incredibly correct I continue to be.
I need a laugh. Can some longnut please explain again why they are diluting like crazy while hording super dirt worth $millions. The lapses in logic needed to explain this one are hilarious.
Git, I think that the dumping is in part ecpn equity share sales to raise money to continue financing the scam. Buyers are the day traders like upstuck candlestick counting on the normal chart pattern with fake news causing newbies to pile in and taking the share price back up above $0.07 in a few weeks or months. The charts scream buy at less than $0.05. Heck of a return. But how much longer can ecpn continue the charade?
Even the fanatic management supporters can't continue to accept or ignore managements continual dilution by selling shares at less than $0.05. These share sales and having 7 tons of concentrates worth $3 million in storage are completely incompatible and provide irrefutable evidence that ol ista's been right all along. Those longnuts hate that worse than losing their money.
It would take selling 60 million $0.05 shares to raise $3 million.
Don't worry ecpn shareholders, oned has spoken (again)
I believe we WILL get a LOI before year end 2014. One
by onebeliever » Sat Dec 12, 2015 5:11 pm. Retire... I assure you 2016 is going to be a great year in our history 15.
Sun Dec 27, 2015 6:35 pm . 2016 WILL be our year 15, one
Nov 12, 2016 - In the depths of my heart, I believe 2017 will be our year!
Pan, I don't think it is such a complicated scam. Here is some raw speculation for ya. Larry and Randy are the main culprits. Randy has had access to all the samples ever assayed including all samples collected by clyde. Larry provides the inquart for randy to sprinkle. Who is there to find them out? HL is a bank who know very little about mining and has paid nil attention to ecpn. chuckie is a slimey dufus who has nil real mining experience but is a good liar, stumbleton is nothing but an admin hack who knows absolutely zero about mining, smith is an over the hill geologist (probably finacially stressed) who was easily dupped by notorious mining scammer C Ager, logistica is a shipping/warehouse company which dabbles a bit in iron mining but know absolutely nothing about precious metal geology/metallurgy/mining/production.
The beauty of the above is there is little evidence of wrong doing. Possibly you could detect some inquart in the sample residue but how do you prove who put it in?
The ecpn business year (and 4th Quarter)ended Sep 31. There is no 10 Q for the 4th quarter only the 10K or annual report, due end of December (90 days). Quarter ending 31 Dec is the 1st quarter of ecpn business year. 10 K for this is due 15 Feb (45 days).
pan, and if no revenues, will you declare gitreal as the sagest of sage mining gurus?
pan, this is a 2bit scam of the type that has been going on for centuries. Humanity survives these types of scams on a continual basis. The only unique thing about ecpn is it has been able to put their scam in a loop and just keep repeating it over and over for 12 + years. Maybe they can patent that idea.
Pan, Rest assured there will be no real significant revenue from el cap before Dec. 31 2016 or Dec. 31 2999. But I do not think anyone will go to jail. The US justice system shown it is incapable of prosecuting desert dirt scams. They don't know how to prove wrong doing so they just don't try or give up.
pan, ol stuckup candlestick called it, he recommended buy at $0.05 or less and dump them a few pennies higher. Day traders only parted with $90,000 yesterday. Chump change for them.
Now pan, I answer all your questions but you never answer mine. That isn't very fair. So step up. Why hasn't ecpn ever sold a pound of it's 200 tons of concentrates it produced 12 years ago which it said had 12 opt Au equivalent? That is valuable dirt that many smelters/processers would love to get a hold of and would pay top dollar for. Could it be they were lying about that dirt? If they were lying about that dirt why do you think they are not lying about current side show dirt?
The super valuable dirt currently in storage is worth (they say) $500,000/ton. If it is worth that why sell shares at $0.05 (and cause massive dilution) when you could sell some of this super duper dirt? Are they lying yet again?
The highlights of the 10Q out tomorrow will be
dang! you were right again ista, no revenue, more dilution, more excuses
when was it they started mining again???
pan, in case you haven't noticed, the market agrees that ista has been right all along
In Oct 2015 they announce payment realized and first revenue. In Jan 2016 they announce first revenue expected end of current quarter. Was Oct revenue unrealized by nano-goblins or was the statement that payment was made and revenue realized in Oct 2015 an utter and complete falsehood?
October 06, 2015 07:15 AM Eastern Daylight Time
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTCQB: 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.
2016-01-22 07:15 ET - News Release
The Company expects to begin to realize initial revenues from the iron ore sales in this quarter ending March
Aug 28, 2013
5. We expect to have a very positive report on the processing of our concentrates, including dore bar sales before the middle of September
Sept 13, 2013
The long adventure of the ecpn concentrates have come to a very successful end.
The effective concentration has been improved to 250-to-1. The entire inventory is currently being processed and the PMs being collected into dore bars for sale
Sept 27, 2013
The date for the delivery of the bars will be October 31st and we will publish the transaction.
Lying by omission
Also known as a continuing misrepresentation, a lie by omission occurs when an important fact is left out in order to foster a misconception. Lying by omission includes failures to correct pre-existing misconceptions. When the seller of a car declares it has been serviced regularly but does not tell that a fault was reported at the last service, the seller lies by omission.
Pan if lying would get encn management thrown in jail how come they are not in jail. There is a litany of lies from them which are well documented.
July 2, 2013
Upon completion of the cyanide leach testing and certification of the test results they
will be used to update the Major Research Report and given to the investment banker
for the purpose of marketing the property. The certified test results will also be
published on the ECPN website.
August 27, 2013
The company intends to file the Major Research
Report with the Securities and Exchange Commission.
August 28, 2013
5. We expect to have a very positive report on the processing of our
concentrates, including dore bar sales before the middle of September.
September 13, 2013
The long adventure of “the ECPN concentrates” has come to a very successful end.
The concentrates referred to are the approximately 200 tons—reduced at about 10-to-1
from 2,000 tons of head ore—that have been stored for several years at the mine site.
The third time was the charm.
We are pleased to report that, with the support of another technology, the material has
been crushed more finely, the iron has been magnetically separated from the ore, and
the concentrates have undergone further concentration. The effective concentration
from the original head ore has improved tremendously with this technology to
approximately 250-to-1. We will have more information on this within the next 10 days.
These dore bars are the result of ECPN’s utilization of a process that conclusively
proves to the world that ECPN can actually collect precious metals from its ore. Less
Wrong again pan, nobody but nobody went to jail for the Bre-X, Delgracia, MG-gold and etc. blatant mining scams. Stumbelton is such a nitwit he prolly does not even know it is a scam. How do you prove they were lying? They will show assays from labs and blame the labs. Or unknown persons adulterating the samples. Who? No one knows and it is very likely that it is impossible to prove anything. What can be proven is failure to report material info (all the negative assays that ecpn management ignored)and professional negligence by not bringing in experts to determine exactly what ecpn dirt had 15 years ago or since.
Pan, ecpn has admitted to using inquart. That means PMs are added to the sample to "improve" recovery.That way you always get gold beads.
What I believe about ecpn is what is highly documented. Here is one example of many. They produced 10 to 1 concentrates before 2005 and stated that they contained at least 12 ounces of gold equivalent per ton. They spent years playing with shareholders telling them how they were gonna get all the PMs out of the concentrates and prove to the world they were legite. They kept this going for years and years. In the end they tossed them and said they were too oxidized. Guess what! The more oxidized gold ore is the easier it is to get the gold out. Lies, lies and more lies. That is all ecpn will ever produce.
git, that explains pan, he loves scammers and being scammed more than anything
Pan, maximum production will put many small and mid-tier producers out of business. Is this what you want?
Invest, I agree with your take on oil development not drastically increasing with Trump. ecpn mining will have almost no impact untill iron goes way way up since they have nothing to mine but iron and it is currently uneconomic.
Pan,The worst thing that could happen to the US oil industry right now is a spike in production, over-production has produced the low oil price and a spike would make it worse.
Pan, I expect that a Trump the Chump administration will reduce red tape for mining project. But that is not a good thing for ecpn management. As I stated 2 years ago the FS was nothing but one of many excuses management needs for delays in promised production (there will never ever be any significant production of PMs from el cap,you can take that to the bank). But it is a greatly lame excuse. Management have stated that there concentrates are worth $500,000/ton. You can afford to ship that out by wheel barrow and current permissions give ecpn right to use 20 ton trucks. That is $10,000,000 worth of concentrates per truck. They state the head ore is 0.4 opt. That is $500/ton or $10,000 per 20 ton truck. They could easily afford to ship that out too. The only reason they are not shipping raw dirt or concentrates is el cap dirt/cons have nil PMs. This should be glaringly obvious to you based on well founded facts.
Git, nuthin wrong with applauding a well done circus side show sleight of hand act. Skillful deception is not easy and a well done magic act deserves to be applauded.
Git, that be ol oneb, after more than 15 years of unfulfilled promises you would think he would would cotton on. His compulsive gambling problem allows him to gleefully ignore truth and logic and get sucked into the circus side show put on by davidson.
They say davidson is producing $1,000,000/mo of concentrates. Yet their outstanding share count has jumped to 375,000,000 shares as of Oct 31. That is almost 100,000,000 share increase in a year.If ecpn had any intrinsic value this dilution would be criminal. since ecpn is worthless, it don't matter. 0 value divided by 1 million or 1 billion is the same (0).
They state the warehoused cons are worth $500,000/ton yet they will not sell them to stop dilution becuz they want to hand out free samples?!? Problem with that is they cannot even give away those worthless cons.
Saying that the 7 tons of concentrate has $3.7 million of PMs in it is about as brazen and shameless a lie as you can get. The good thing is that it very clearly shows, for all to see, the true character of Stumbelton.
Git, River North is the replacement for SouthRidge to dump heaps of shares to raise a bit of cash. There is an important difference between the two arrangements. With Southridge ecpn had to announce every little share dump a bit after the dump. This caused a lot of shareholder hang wringing and pouting. With River North arrangement they don't hafta announce anything. It just shows up in the 10Qs. ecpn shareholders don't have the patience to dig through the 10Qs so this was one of jonnyboys more elegant solutions.
Below is the PR for the warehoused cons. Note how they talk about proceeds from these cons but they just sit. oned explains this away as the dirt hasta stay put on account of it is being used as collateral for some gianormous (pretend) deal. Prolly in Tuscon so ol chuckie can go and visit the worthless dirt on the weekends and pray. oned revealed that if there was enough praying PMs would magically appear in the PMless dirt.
May 31, 2016 02:38 PM Eastern Daylight Time
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTCQB: 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.
It is expected that the proceeds from the sale of these concentrates will support the operating capital needs of the Company as it ramps up its operating plan.
Git, "somebody"could be River North, selling shares for <$0.06/share that ol oneb thinks are worth $30.00/share. Anybody who thinks oneb is smarter than River North raise their hands. Anybody who thinks that paying $0.06/share for ecpn is 100 times too high say Aye.
I say AYE AYE AYE!!
Anybody who believes Stapleton was telling the truth when he said their was $3.7 million in PMs in 7 tons of ecpn dirt put into Comex storage in Tucson has what is called manic bipolar money disorder. Except for oneb. He is just a terminally chronic compulsive gambler. Actually the 2 disorders are related and in some individuals both can combine to be more than the sum of their parts so that these individuals can rise to become chuck and jonnyboys perfect ecpn shareholders. These perfectly insane people make sure chuck and jonnyboy get paid on a regular basis and the ecpn scam can continue to attract new people to shamelessly rip off. Year after year after year after year ad infinitum
Did ecpn reach their one and only major milestone of the year by Aug 31??
That milestone being reaching 400,000,000 shares outstanding!!!!!
I bet they did. The next 10Q out 15 Nov will reveal this exciting news.
Dear ecpn Shareholders, ecpn will produce significant PMs after Godot shows up. For more info read S Becketts play.
Ah... earth to Pan, earth to Pan, the dollar amount is much more significant than the number of shares traded.
If 4 million shares sold in 2 days indicates "high interest" and there is "no other explanation" for that interest but "Something big" then something the size of IC 1101 happened in August when 36 million shares traded in 7 days. Amazing how they were able to keep the immensely humongous "something" that happened in August a secret. Do you have any idea what earth shattering ecpn "something" happened in August?
pan, the volume is less than $90 grand, nothing unusual.They had a 12 million share day back in August. The only way they will get a significant payment for ore will be if iron quadruples in price. Don't hold your breath for that.
They announced their first payment for ore over a year ago. Funny how this massive payment did not show up in their financials. Must have been a clerical error.
The share buying is not generated from the mining industry or mining investors. It is from mining investing neophytes who heard PMs are now good to invest in and got a tip from unreliable sources
For those who say there is no dilution goin on, how do you explain the data below? Looks to me like the dilution acceleration pedal has been recently pushed to the floorboards. All to raise a bit of money when they say they gots $3.7 million in dirt gathering dust in a Tuscon warehouse. Truth is they can't give that worthless dirt away.
https://ycharts.com/companies/ECPN/shares_outstanding
Aug. 15, 2016 359.17M
June 30, 2016 324.97M
May 16, 2016 316.51M
March 31, 2016 311.18M
Feb. 16, 2016 307.68M
Jan. 11, 2016 307.68M
Dec. 31, 2015 307.68M
Sept. 30, 2015 285.40M
Aug. 14, 2015 282.55M
Pan, and why were 2.4 million shares sold? Because buying and selling of stocks is what happens in the stock market. Why more than normal? Prolly larry is out beating the pavement giving out free hot tips to people who know nothing about mining. Peolple like you who will read only the most recent PRs and say "hot diggity ecpn gots lots of that gold and platinum stuff, I'm gonna be rich". They won't realize that ecpn only produces PRs about producing they never ever actually produce PMs, they just recycle small bits of inquart. Ira Gaines still hasn't cottoned on so may be buying at what he thinks are bargain prices. Then there are those selling for whatever they can get.
If ol Ira ever cottons on I expect there to be some fireworks. He won't like it much when it becomes clear he was scammed.