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well hows about some insight about ecpn from you panipoo, you seem to have a lot to say about other posters but very little to say about the subject at hand. What do you think the ecpn revenue numbers will be for 2017? The dilution numbers?
The number of blatant lies from Stumbleton? (that's a tough one, possibly too many to count).
You could fill us in on your opinion about why no real refiners/mineral processors are interested in the super ultra concentrates.
Why has stumbleton stopped talking about osmium?
Why the most exciting pictures they can put on the web site are numerous views of jersey barriers?
When will they raise the authorized share count so they can keep the blatant dilution going?
What has the $31,000,000, spent by ecpn in the last 14 years, produced except bulging pockets for insiders and their cohorts?
The entire board would be interested to hear your insights into these and other questions.
Panipoo, Environmentalist groups and/or anti-mining groups have had absolutely zero effect on ecpn. The only problem ecpn has is they claim to be a precious metal mining company but have no PMs to mine. Ecpn takes money from hard working unsophisticated investors that could be used to build up America and flushes it down the toilet. Scams like ecpn do great damage to the US economy. It is a form of economic terrorism. They give the mining industry and especially Jr. miners a bad name and make it difficult for legitimate companies to raise money. Yes that is right, you and Full of Malarky arkie are aiding and abetting terrorism against the great US of A. You should be ashamed of yourselves.
Well pani, I am glad to know that at least Full of Malarkey arkie is amicable while foisting deception on you.
I think a few thought experiments might help you snap out of your delusions. Try these out.
Try to come up with a logical reason(s)
1. Why the entire mining industry is totally ignoring the best dang PM deposit in the world for 14 years after being presented it.
2. Why are ecpn continues rampant dilution when it is about to get $3 million in revenue?
3. Why did they shut down the mine when it was producing oodles and oodels of all kinds of precious metals?
Oh panipoo, it is playing out exactly as I predicted. dirt needs to be assayed after delivery, who else called that? The result will be the same for this dirt as the dirt sent to Planet resources, precision, PFL Bullion, Johnson-Mathey, aurasource, and the numerous sundry attempts with the 180 tons of cons. These all resulted in ZERO ($0.0000) funds to ecpn.
UNLESS this last shipment was a tiny "test"shipment. This ploy will allow reporting a high grade with minimal inquart costs.
Note that the shipping time + 60 days will put any payment past the shareholder meeting. Another good ploy. Allows the culprits to get through the shareholder meeting with promises covering their totally empty hands.
PS what happened to your statement that if there was no significant revenue by Dec 31 2016 you would send ecpn management to jail? or the one where you stated after march 2017 you would accept no more excuses?
Once all parties have reached agreement, you now have a binding contract with the exception of the contingencies in place by the buyer. So now the seller is committed to having to sell but the buyer is not bound. This is called “conditions subsequent” by law. There are laws that state a contract can be declared void if certain conditions don’t come to fruition.
Seems the rumors of a PR have sucked in some newbies to buy into stapleton’s rampant dilution scam funding operation. He timed it for the new year so he doesn’t have to divulge the massive scale of this new dilution until mid-May.
Stumbleton has shown he has no shame, which makes him an excellent liar, but even he is a bit embarrassed putting out a PR about $millions in revenue while at the same time diluting like there is no tomorrow. As he should, who knows how many tomorrows ecpn has.
The contract will be to sell $millions in cons. The contingencies in the fine print will render the contract as meaningless as all other ecpn contracts and nil actual revenue will result.
Like clockwork ecpn filed their late filing notice. This gives them 15 more days to sell shares before the rampant dilution numbers for the quarter ending on Sep 30 are known. Also in the to be divulged in the 10K - the rampant flush of dilution money into the nether of admin consulting fees, legal and accounting, G & A and “exploration”.
Administering ecpn to nowhere is expensive. $3.1 million flushed in 2016. How much of that money found it’s way into cohorts pockets? Gay git off yer arse and sharpen your pencil, shareholders want to know.
Some were expecting a a “state of the company” PR before the end of the year. One day left. I don’t think they are going to get it from ecpn so I will provide one as a late Christmas present. Feel free to call me ista santa.
“Revenue to the end of 2017 is nil. This is very consistent with ecpn historical guidance estimates never even remotely approaching reality. We will continue to totally miss by a million miles our guidance estimates. After all you can’t get blood out of a turnip, but you can announce that turnip squeezing is underway over and over. And don’t forget you can fool people into thinking your getting blood out of a turnip if you sneak in a beet and yell EUREKA!!
Since our last guidance has expired we will be dreaming up new guidance early in the new year. This new guidance will promise super sales, revenue and nirvana starting 2 weeks after the next shareholder meeting in March.
Oh, before I forget, ol stumbleton is leaving ecpn management due to a bad case of indigestion. He will become the scapegoat for all past guidance misses which will remove this burden from the remaining BOD. If you are worried about him dumping his shares right away, don’t. He will not be allowed to dump his shares until the day after tomorrow. I won’t matter anyway because, as our plans come to fruition, his 8 million shares will be diluted to less than 1% of the issued. Yes that’s right, we will be capitalizing on our very successful dilution efforts and be increasing authorized share count to 750,000,000. We expect that in a little over a year we will be able to get the authorized share count to over a billion. Yipee!!”
And ol hdog is just a huffin and a puffin about how he is gonna blow the ecpn board to kingdom come. The BOD deserve worse, but I doubt ol hdog could blow out the many candles on his birthday cake let alone catch a wiley scamster like stumbleton. He coulda listened to ol ista too. But like ol oneb, just too dang stubborn and prideful to listen to the truth.
well times they are a changin, even ol oneb is coming around to the possibility that ecpn has no value. he has decided to try and be honest with himself. Is he honest enough to admit that he shoulda listened to ol ista and ista's very logical arguments supported by numerous indisputable facts. Honest enough to admit that he choose to ignore this good advice for years and years because of pride? Nah, he is not that honest.
There are some who are understandably under the impression that ecpn management have no strategy and just randomly stumble from one disasterous failure to another. Well I got news, that is what ecpn management want you to think BUT it is not the case. Ecpn has had a very good strategy put in place over a year ago and it is working very well. This strategy is designed to extend the extraction of $ from the market as long as possible.
Over the last couple of years they have been promising hugely profitable production of PMs and selling dilution shares like crazy . This has worked well but is running out of steam because real production has been nil due to lack of any PMs to produce. Admitting lack of PMs would kill the goose so they won’t do that.
So, what can they do to keep the goose alive? Put all the blame on stumbleton! He will be the sole reason for lack of production. He will exit and the rest will trumpet the new super management team and the incredibly bright future of ecpn. Get out there and buy some shares. They will increase the authorized to 750,000,000+ so there will be plenty to sell. They be real real cheap!! Of course the super mine has been shut for over a year so it will take some time to get it up and running again. And there will be some more technical and permitting issues to drag things out. The bottom line, ecpn will be in the same place in a years time as it is now except stumbleton will be gone and issued and outstanding will be up a couple of hundred million.
Gulp, $0.02s here we come.
git, the ecpn invented word "hyper-concentrate" stands for their concentrate which has undergone multiple concentration processes to concentrate the fake PMs to high levels. The key element of any concentration process is the amount of the target element which goes to the concentrate and the amount which gets lost to tails. This determines the percent recovery. ecpn have never ever given the slightest hint about what the recoveries are in their various sundry concentration processes. This is highly material info.
Since they have no PMs in the ore to concentrate, they can only concentrate added inquart, so have no real recovery info. In other words, their "hyper-concentrate" is Hyper-BS.
I think the silence from ecpn is prolly cuz the new board members are bambozzled. But they will come around and JS will get back to his ol tricks. Then he will put out a PR that will go sumthin like this:
“Well Golly Gee Willikers were gonna hafta reduce our previous guidance just a tad on account of these darn nano-goblins which have been sneaking into our concentrates and eating them and furting the dang PMs into the air. But don you worry none, we are gonna show production and that’s the important thing. Revenue will be reduced a measely 99% for this year to a real respectable 1% of guidance. That’s about all the inquart we could scrape up.
An we gots some real juicey deals in the works, contracts to sell $zillions worth of concentrates. The results of these contracts will be just like the contacts we signed before - huge imaginary sales of imaginary PMs. With luck you guys will be spurred to buy shares again and our rampant dilution will continue and we be able to pay for the important G&A (lunches and dinners), consultants (ourselves), contractors (friends and past directors and officers), and exploration (thumb twidiling) and etc. Thanks for your support, you keep buying and we will keep diluting.
And don't ask about the osmium and iridium, just forget about it, that is the past. Think about the fake future and our juicy fake contracts, imagine they mean something even though they don't"
Jron,
I don't think anyone has ever accused chuckiepoo of being the sharpest tool in the shed. So his decision to buy shares should not be considered as an indication that ecpn has value. I think the brains behind the scam is Larry and maybe even chuckiepoo was fooled and used by Larry. The main purpose of buying the shares was to show managements faith in the project and it worked. I think CM got a bonus about that time which would have paid for it.
Many point to the fact that managements lack of share selling as evidence that management still has faith and they won't benefit until the share price goes up. 10s of $millions have been spent. Where did it go? To management fees, consultants and contractors many of which are mates and associates of management.I think management and mates have benefited hugely over the years.
They are still selling shares and spending a ton of money every month. Where does this money go? The most exciting photos of their activities they can come up with for their web site are numerous highly stimulating photos of jersy barriers.
The new board members cannot save your investment because nobody but God can turn dirt into gold. Your only hope is that one’s call for divine intervention is answered and God puts some PMs in PMless el cap. I wouldn’t hold my breath.
If you want the truth then maybe the new board members will commission an expert 3rd party study to provide the truth. Easily done at a fraction of their burn rate. However the truth resulting from this will not be convenient for shareholders.
JRon, I became aware of the ecpn scam because I was following cmkx scam related scam ucad who did a deal on one of chuckiepoos scam properties, the cod mine. Í admit to becoming bizarrely connected to the stock. Sorry but I hate mining scams and detest the people behind them. I tried through the decades to present and explain in a rational way the very strong evidence that el cap did not have any PMs. This was very clear to me from the beginning of my involvement but I had no proof. Just multiple lines of evidence strongly indicating that there were no PMs. The actions of management and the results of their activities consistently continued to support my position. I think I may have saved a few people from making a very bad investment, but my warnings were largely ignored. I was labeled a shorter by onebeliever who became the ecpn guru and convinced many to buy shares. So onebeliever trounced me with the popular vote and helped add $ to ecpn management coffers (pockets).
My arguments were perhaps too technical. But I also presented over and over non-technical lines of evidence that very strongly indicated el cap has no significant PMs. To believe ecpn management assessment of the PM content of el cap ore, a person has to believe that the likes of chuckiepoo, lying larryloo and stumbleton know more about PMs and mining than the entire mining industry, because the entire mining industry has rejected el cap. We are talking about a BOD which has nil real mining experience and have shown no signs of intellegence. We are talking about a very competitive and aggressive mining industry that would not let el cap sit for decades if there was anything there. Not just mining companies , but very aggressive investment houses. Academics would be swarming over el cap, hoping to make a name for themselves, if el cap was anything close to what ecpn presents it as.
I appreciate your recognition that I have been correct. It is a pity that you and others have suffered and some have been devastated. It is unfortunate that these types of scams are allowed to cause the pain and suffering they do. I truly feel for the victims of the ecpn scam but wish no mercy for the culprits of the ecpn scam. They deserve to be drawn and quartered for the suffering they have caused. Onebeliever, if he is capable of being honest with himself, should self-evaluate his role and apologize to shareholders for his support of management and irrational dismissal of my logical arguments without even an attempt at rebuttal.
now delinquent, since inception and forevermore a scam. How much money was scammed from shareholders by the oring scamsters under the guise of validating PMs which do not exist?? The only thing that has been validated is just how dumb and blind the creaky owners of luxor are.
If the bod of ecpn decide to really find out what the value of PMs at el cap are, then they could easily find out quickly and relatively cheaply and the results would be readily accepted by big pocket investors and the mining industry.
ecpn have a relationship with AMEC who was doing their drill program permitting. AMEC is a full service engineering company with competent and very professional geologists and metallurgists on staff. They would be able to conduct a study and determine with exactitude what is and what is not at el cap and what needed to be done to advance the project. And they would do this for far less than a ecpn quarterly burn rate accomplishing nothing but spinning wheels.
git, I think it is mainly ecpn dumping equity shares. After all ecpn management know that $0.03/share is a lot more than those shares are worth. So they want to unload as many as possible before the 10Qs come out documenting the rampant dilution underway. The funds generated from this activity are being disappeared into certain peoples pockets. Good business for them.
ecpnnn, the new member on the board may be restricting the production of lies. hence no bs news. El cap has no PMs so lies are the only thing they can produce. If they stop production of lies then $0.002 looks likely.
The only evidence I have showing ecpn is a scam is the ecpn PRs and SEC filings and some publicly available background on some of the cuprits. Also I am very familiar with mineral deposits and the mining industry. This combined with knowledge of how desert dirt scams operate is extremely compelling evidence that ecpn is a blatant scam focused on victimizing unsophisticated investors who know nothing about mining and extracting money from them.
My suggestions about salting etc are logical guesses. My statements that the mining industry would be all over el cap is there was even 1/10 the precious metals ecpn states there are I consider to be solid fact. The fact that ecpn started aggressively marketing el cap to the mining industry in 2005 is a matter of record. These are just a few scraps of the mountain of public information screaming that ecpn is a scam. How do you prove it? You can easily prove that ecpn did not release very material information (subpoena lab reports). You can easily prove that experts from the mining industry evaluated el cap and rejected it because there were no PMs. The rejection by minerw would have been accomapanied by coorespondence indicating why they rejected el cap supported by data (subpoena correspondence from miners who were invited to evaluate el cap). Again this material info should have been divulged to shareholders.
It can easily proved that great quantities of money raised by dilution flowed to people associated with insiders (subpoena accounting records).
on the lmi board, only the desert dirts have that kinda magic imaginary gold that goes up in smoke when you set a match to it.
on the lmi board, only the desert dirts have that kinda magic imaginary gold that goes up in smoke when you set a match to it.
on the lmi board, only the desert dirts have that kinda magic imaginary gold that goes up in smoke when you set a match to it.
now the ecpn fairy tale tellers are saying that the PMs in the concentrates went up in smoke. The totally amazing thing about it is that some people are actually believing this fairy tale.
new counsel and board members do absolutely nothing to change the fact that el cap has no significant PMs. This undispuatable fact is very contrary to what ecpn management has been saying.
Do either of the new board members or new counsel have a shred of integrity and/or moral fiber? If they do they will get to the bottom of ecpn lies. If they don't get thrown out first. Pavich got to the bottom of ecpn lies, announced the truth and was thrown out. Others like Carson and Ellis were chased away by the overpowering stench of scam before learning the details. I think we will find out what the new trio are made of soon. Are they made of pasty scam pudding or are they fighters for truth and justice?
possibly in the cards, meaningless contract to sell some dirt for +- $1,000,000 CONTINGENT on assays, the weather or Godot finally showing up. Don't forget the contract for $180,000,000
seems they don't got enough PM inquart to keep up the charade that el cap gots some PMs, so now they gonna go back to making it an iron mine. The circus merry-go-round just doesn't stop spinning.
ecpn management got some confessions, about rampant dilution and lack of revenue, to make in 2-3 months or so. So they wanna sell as many shares as possible in the meantime. Hence the rumor that there is a serious buyer offering $0.60 to $1.00/share for ecpn. Just might suck in a few marks to buy some of their dilution shares they are desperately trying to sell for more than $0.03.
Well I think that includes $176,000,000 that they reckon the shares they paid for G&M's interest in el cap were worth. So say $40,000,000 of shareholder money slipped into pockets and flushed down the toilet. No wonder ol lying larryloo can afford to pretend to be a hollywood movie mogul and make such terrible completely non-comercial movies.
Paid in Capital = $215,849,503 Where did all that money go?? To continue the swindle. Or is there some concrete result from all this shareholder money which has disappeared?
There is no concrete result. Status of the project is the same as it was 15+ years ago when paid in capital was zero (0.00). Thas right after $215+ million invested from ripped off shareholders, progress has been zero. charlatanes like davidson are nothing but scammers feeding off the ecpn flock previously ministered by oneb. oneb, ya gonna fess up? admit to your collusion (even if it was based on your baseless acceptance of the erroneous)? Ista gave you godly advice but you ignored it. Why? Pride in your business acumen?? Seems so.
End result- pain and suffering. You can thank Chuck and Larry for this.
Easy going Eric has decided to not be so easy going. He reckons he has been swindled out of his money as many, many, many others have. He is 1100% correct. Larry and Chuck ochestrated the swindle and Stumbleton came in to assist. Much investor money has gone into the swindlers pockets and much into the garbage pail of waste. What good could this money have done if it had been invested in reality???
The road Eric has chosen will not be easy (despite his name) but it is the high and mighty road. This type of swindling must be stopped. It weakens America at a time when America needs all its strength. Good on ya eric,I admire your courage, best of luck!!! God Speed!!! Trump, please tweet, Stop the America weakeners like stumbleton!!!!!!!!!!!
Shareholders should realize that ecpn people do not matter. It will make no difference if stumbleton gets pushed out, it makes no difference that 2 shareholders are now on the board, it makes no difference that charlatan davidson is still playing with his tinker toys and sending bits of inquart to refineres now and then, it makes no difference that lying larryloo is still in the background pulling strings, it makes no difference that they are melting copper and bits of inquart into doorstops and sending them to Johnson-Mathey, etc, etc, etc. The business model of producing and selling nothing but worthless shares is unsustainable. Shares are all they have to sell. The numerous evaluations by experts from the mining industry have proven they have absolutely no significant PMs to sell. Sorry but thems the facts.
Gee virgin, I missed my projections. I said you could buy 1 million shares by last friday for 0.034. I was off by $0.001 and 1 business day. My bad. Sorry, I will try to do better.
It takes JM 30+ days to determine the value of a doorstop?? I don't think so. ecpn lying never stops.
Sept. 30, 2017
Johnson Matthey has confirmed receipt of the ingot and El Capitan has set up an account with Johnson Matthey for additional ingots.
Once the value of the initial ingot is determined, the Company will communicate that information.
virgin, put in a bid for 1,000,000 shares at0.034. Bet it gets filled this week. And next week you can sell them for 0.029.
dilution is frenzifing today. guess they need $ to buy inquart for the pretend production
Yep Virgin, they be on track to make the $3,000,000 revenue target a giant joke just like their Jan 2015 guidance said their revenue in 2015 was gonna be $22-26 million. ecpn's management's continual flow of falsehoods make Donald Trump look like an honest person who never lies.
January 14, 2015 07:15 AM Eastern Standard Time
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTCQB: ECPN) announced its financial outlook for the fiscal year ending September 30, 2015. ECPN expects to book revenue from sales of precious metals concentrates derived from head ore mining in the quarter ending March 31, 2015.
The Company plans to mine 350,000–400,000 metric tons in Fiscal 2015, yielding gross revenues from the sales of its precious metals concentrates of $22–26 million,
Ista nails it again,
georgeiporgi Thursday, 10/05/17 08:16:16 PM
Re: None
Post # of 1570
Some think that the "copper" in the doorstop for JM update was a mistake. I don't think it was a mistake. Copper was part of the inquart added to the doorstop. They needed the copper in there to make sure all the Pt inquart added to the dirt went into the doorstop. It would be a shame if that expensive Pt inquart they added to the dirt stayed in the slag.
spot on blast from the past -
23-09-2014 · One, I think that Keith was pushed out because he just couldn't get with the program owing to his overabundance of integrity. Pavlich had the same problem.