El Capitan Precious Metals Inc (ECPN)

[Pan4Au]

IRON ORE Git. Our fallback position is Fe-ore. We have tons of the stuff, and a machine on-site used to separate out the PMs and leave behind high-grade Fe-tailings.

Will we sell as a PM company? Given how much gold and silver they have, we should. But ECPN also did an iron ore survey, so it seems to me we have an eye on making revenues from iron ore, the stuff that makes steel, the stuff that will be in demand given tariffs and future government spending on infrastructure.

They've been talking about a $1T Infrastructure Bill. And the roads, bridges, airport extensions, rail, etc. would require lots of American-made steel. Perhaps someone plans on opening an iron-ore collection point in NM, hmmm? The State and El Cap Mine has plenty of the stuff to sell. This should come out when they release the results of the iron-ore survey.