El Capitan Precious Metals Inc (ECPN)

[MrGold]

This company is still very much alive. Plenty of shareholders talk with management every week, unlike most penny stock companies where management disappears after the SP goes south.

We still have two interested buyers of the iron right now, they just have to work out the details to see if it's economically practical. The last suitor wanted our iron but the main refinery of theirs that processed bulk ore was located in Louisiana, which meant trucking to a rail head, shipping to the gulf, loading onto a barge and shipping north, unloading to trucks for the last leg to the refinery. Another option was northern Utah, but that meant trucking the entire distance. No profit in it for us to pay for all that shipping. The current suitors may be a better fit.

Meanwhile, the raising of funds to start PM production is proceeding well. This is a valuable mine, just has to be proven by production at this point. Anyone making predictions knows nothing but has an agenda. Wait and see.