El Capitan Precious Metals Inc (ECPN)

[Pan4Au]

IRON ORE. Even Georgei can't deny that the El Capitan mine is a rich iron ore deposit, with a viable road system to truck hundreds of thousands of tons of very high grade Fe pellets to any nearby smelting plant that someone could build in NM in order to provide feed-stock to a tariff-protected US steel industry. This after Congress passes a $1T infrastructure Bill. All that money will be spent for American steel, not foreign, American iron ore, thereby causing an employment boom in both the steel industry and of course construction.

So Georgei, in the very least El Cap has around 3,000 acres of high-grade FE which would make it a mine with value. The PMs? THAT'S where the real money is, but even without it, this is a valuable, salable property. A floor-value thanks to the Fe. Of course we expect a lot more with an upcoming (reportedly) sale of 2,000 lbs of PM super-concentrates. That's what will put ECPN on the proverbial map! For investors of course.

Seems we have a floor of iron, and a top where, thanks to PMs, the sky is the limit (on the property's sales price)!

What say you Georgei my best friend. What say you?