ECGI Holdings Inc (ECGI)

[RichieBoy]

Gold is crowding $1400 an ounce tonight folks

If it's one thing I remember about Tim things don't have to happen loudly with SUIP and they sure as shootin don't happen fast LOL!

Elementary math tells you though, gold has to be incredibly appealing to him at these current price but hold the phone some are calling for $5000 an ounce. Think they are crackers? That's what they all said about $1000 an ounce if you were watching.

Gold has to be outshining light bulbs as an attractive investment for Tim right I have to think. There's also silver potentially platinum as well. Also these rare minerals are fast becoming very valuable for the cell phone industry. Think of the millions (if not billions) of cell phones using gold and other metals to achieve this ever quickening miniaturization of the computer industry. As supplies deplete there is only one direction for the price of these precious and semi precious metals.



I note from the filing SUIP is (albeit slowly) paying down debt and there is this interesting tidbit...

Supplement disclosure of non cash investing and financing activities:

Reduction of note in connection with share recission

$500,000

My hunch is either he is looking to do exploration OR! he is prettying up the shell to flog it. Hard to tell yet.

RichieBoy