El Capitan Precious Metals Inc (ECPN)

[georgeiporgi]

rb, sorry to hear about Virginia.

The last sentence in Wiles piece stated "sooner or later, ecpn will have to delive real results". When there are people like ecpn shareholders buying shares it could much later rather than sooner.

After 2 years of promising imminent sale, production or rapture and delivering absolutely nothing, JS has a bunch of the shareholders eating out of his hand again. He has them accepting that there will be no real revenue this year and that this is normal and acceptable.

They accept that ecpn has produced very high grade concentrates but can't sell them because only ecpn has the secret sauce to unlock the PMs. Obviously there are no chemistry majors in this flock of shareholders. But these shareholders also have to accept that ecpn has shut down this highly productive mine because?????? They might make too much money? no because they lose too much inquart processing the dirt. Recycling inquart is a terrible business model. So the ramp up of production will be a ramp down.