El Capitan Precious Metals Inc (ECPN)

[georgeiporgi]

fumming,The new board is doing nothing, there is nothing to do. The company is bankrupt.they have absolutely no PM ore at el cap.

Will the new board have the courage to admit this to shareholders? I doubt it. They will just fade away. Debt holders will go after the iron at el cap which could have a bit of value.It is too late for this iron to help shareholders. Credit holders might get a few cents on the dollar.

Too bad management did not listen to ista and start finding a JV partner for the iron a couple of years ago. No they had to ignore good advice and continue wasting time and money on the PM fallacy.

I would not be surprised if lying larryloo has claimstakers standing by to restake ground ecpn drops. He will then try and reboot the ecpn scam.