El Capitan Precious Metals Inc (ECPN)

[gitreal]

The investor meeting at the mine last month is a classic (if you read the following post from someone who says they were there):

From another set of eyes and ears who was at this meeting...The meeting was not recorded in any way. There will be no vimeo. I came home with a peace about our future that I have not had in a long time! It was a very professional meeting! I saw with my own eyes what Davidson has successfully extracted. There was a whole table full of samples...He has been successful in extracting gold, silver, platinum, and rare earth minerals as well! Davidson is the real deal! .40 opt was, once again confirmed as the average recovery rate of pm's from our property...some much more, some much less, and some nothing at all but the overall AVERAGE is clearly .40 opt. There are 5 different companies interested in us. That was mentioned at the meeting. No names. Confidentially agreements. The agreements to purchase large amounts of head ore are contingent upon the road issue being resolved. JS assured us that issue is being tackled head on. He could not promise a timetable but emphatically talked about the 1914 land grant signed by President Wilson. The FS cannot win a legal battle but JS wants to avoid that if at all possible. We are in the right and all documentation is being forwarded to FS in advance of pursuing legal action. This is not going to stop us from generating revenue. We do have a contract to sell concentrates to a refinery. They want a ton a day. We are committing to a ton a week to start for a payment of 250,000 dollars per ton. Best estimates for first revenues are 4-6 weeks although there was some speculation we could be as close as 2 weeks away. That will be our game changer! This agreement with the refinery can easily be handled with smaller trucks, thus no issue whatsoever with the FS. Papers were handed out to write questions on and JS answered all questions submitted not just selected ones. There were just under 100 in attendance and there was no contention that I observed. There was applause after the meeting concluded. The trip to the mine site was quite interesting. Several buses were needed to haul all of us. I was surprised how short the road really is going into the site. Maybe a mile tops. I was on the same bus as JS. He said another top priority of his is to get a dividend out to shareholders as soon as possible sometime during the first half of 2017. He said he also wants to get a PR out next week letting everyone know where we are at and where we are going with the company. We have got the pm's friends! This is real far beyond any shadow of a doubt! We will be sold! BTW...the concentrates in the comex warehouse are there for the purpose of providing samples requested by interested parties. I am very glad I went. I met some incredible individuals and will never regret the time and money I spent to be there! Now, watch for that next PR!

Now, they're talking divvies? And $250K revenue per week starting in 2 weeks, or maybe 4-6 weeks? Well, it's been longer than that, so where's the revenue?

Like lambs to the slaughter......