El Capitan Precious Metals Inc (ECPN)

[georgeiporgi]

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.