Hardinvestor

chef cuistot Inscrit le : 07 Fév 2005 Messages : 2614

vraiment ralant en effet
mais ça confirme mon idée que quand on veut vraiment
d'un titre, on se place un chouia au dessus de notre seil de gourmandise à table !

skipper Inscrit le : 05 Fév 2005 Messages : 8688

ECU Silver Mining Inc.: San Mateo Vein Extended 84 Meters '276 Feet' in Length to the West with Average Grades of 5.02 g/t Gold and 526 g/t Silver over 0.43 Meters '1.4 Feet' in Width

http://biz.yahoo.com/ccn/060922/200609220348616001.html?.v=1
_________________
Pépite Bull

chef cuistot Inscrit le : 07 Fév 2005 Messages : 2614

super nouvelles !
sur les 15 derniers mètres de la veine qui sélargit en plus,
les teneurs sont bien supérieures
doublée pour l'or et + 1/3 pour silver tchin

(10.95 et 707 )

skipper Inscrit le : 05 Fév 2005 Messages : 8688

http://biz.yahoo.com/ccn/061010/200610100351247001.html?.v=1
_________________
Pépite Bull

captain' Inscrit le : 05 Fév 2005 Messages : 5060

Que du bonheur en somme... tchin

_________________
SILVER is KING...Go GOLD...!!!

captain' Inscrit le : 05 Fév 2005 Messages : 5060

Encore des teneurs de folie chez ECU... je plane pour toi

http://biz.yahoo.com/ccn/061019/200610190353011001.html?.v=1

Press Release Source: ECU Silver Mining Inc.

ECU Silver Mining, Inc.: Discovery on Level 18 of New Massive Sulfide Vein of 7.74 Meters '25.4 feet' Yielding 18.57 g/t Gold, 41 g/t Silver, 0.89% Pb and 1.99% Zn;
Thursday October 19, 5:05 pm ET
A4 Vein on level 18 has been opened for 30 meters '98.4 feet' with last 15 meters '49.2 feet' yielding 6.08 g/t Au, 206 g/t Ag, 2.34% Pb, 5.24% Zn and 0.41% Cu over 2.17 meters '7.1 feet' of width.

TORREON, COAHUILA--(CCNMatthews - Oct. 19, 2006) - ECU Silver Mining Inc. (TSX VENTURE:ECU - News) 'the Company' is pleased to announce new assay results from underground development and diamond drilling on level 18 in the Tres Aguilas sector of the Santa Juana mine.
ADVERTISEMENT

A4 vein at Santa Juana Mine - western sector of Level 18:

Recently, the Company opened the A4 vein on level 18 and began drifting south-east along the vein. The Company is pleased to announce that 30 meters (98.4 feet) of drifting along the A4 vein has been completed and consistent with all recent discoveries, the grades and thicknesses improve as drilling proceeds deeper through each level.

Level 18 is the deepest level of the mine reached at this juncture in the Company's development program. Points of significance relating to these particular findings are as follows:

1) The average grades over the entire 30 meters (98.4 feet) were 4.78 g/t Au, 176 g/t Ag, 1.8% Pb, 3.36% Zn and 0.45% Cu over 1.78 meters (5.84 feet) of width. See Table 1 below;

2) The last 15 meters (49.2 feet) of drifting along the vein averaged 6.08 g/t Au, 206 g/t Ag, 2.34% Pb, 5.24% Zn and 0.41% Cu over 2.17 meters (7.11 feet) of true thickness;

3) Actual data continues to confirm our model that higher grades and wider thicknesses should be encountered as development and drilling continue deeper. The Company perceives this as most significant as results demonstrate that the average width of the A4 vein is higher than what has been observed on the levels above and;

4) There is a further 70 meters (230feet) of drifting still remaining along the A4 vein on level 18 before reaching the projection of hole TA 17.5-11 discussed below. Furthermore, there is an additional 70 meters (230feet) to be opened beyond hole TA 17.5-11 to south-east before the limits of the property are reached. If the trend of better grades and wider intercepts remains consistent then the remaining 140 meters (459 feet) of drifting along the A4 vein may continue to yield similar or better results then those already reported. Readers are cautioned that actual data may vary significantly from expected results;

5) At this time, the A4 vein has been confirmed to extend vertically about 150 meters above level 18 and about 400 meters below actual workings on level 18, for a total of 550 meters (1804 feet). Readers are cautioned that until further data is collected from the A4 vein below level 18, there are no guarantees that the mineralization will be of economic interest.

------------------------------------------------------------------------
TABLE 1 - ASSAYS FROM A4 VEIN - LEVEL 18
------------------------------------------------------------------------
Vein Sample # Width m Au g/t Ag g/t Pb % Zn % Cu %
------------------------------------------------------------------------
A4 level 18 38649 0.30 10.70 241 3.17 1.06 0.41
------------------------------------------------------------------------
A4 level 18 38651-52-53 2.00 2.91 105 0.08 0.04 0.26
------------------------------------------------------------------------
A4 level 18 38674-75-76 2.00 1.86 83 0.13 0.11 0.69
------------------------------------------------------------------------
A4 level 18 38775 0.60 7.70 411 8.62 3.75 0.39
------------------------------------------------------------------------
A4 level 18 38777 2.00 0.45 104 0.06 0.02 0.64
------------------------------------------------------------------------
A4 level 18 38818-19 1.10 4.09 234 0.12 0.13 0.46
------------------------------------------------------------------------
A4 level 18 38820-21 2.40 4.16 60 1.12 4.72 0.10
------------------------------------------------------------------------
A4 level 18 38822-23 3.00 7.02 247 3.70 9.43 0.55
------------------------------------------------------------------------
A4 level 18 38846-47-
48-49-50-51 2.70 7.28 182 1.29 3.18 0.63
------------------------------------------------------------------------
A4 level 18 38864-65 1.65 6.53 360 4.85 5.13 0.22
------------------------------------------------------------------------

------------------------------------------------------------------------
Average (30 meters) 1.78 4.75 176 1.80 3.36 0.45
------------------------------------------------------------------------

New massive sulfide vein discovered via drill hole TA 17.5 -11- Eastern sector of Level 18:

In an effort to test the continuation of the level 17.5 stockwork zone at depth as well as to test for the mineralized green skarn, the Company drilled hole 17.5 -11 that was initiated from inside the stockwork zone on level 17.5. The Company is pleased to announce that hole TA 17.5 -11 intersected the downward continuation of veins found in the cross-cut of the 17.5 level where the "stockwork" zone was originally identified. For point of reference, there are about 25 meters of vertical height between the 17.5 and 18 levels. (see Company's press release May 8, 2006)

Hole TA 17.5 -11 first cut veins before reaching a massive sulfide (mostly pyrite) vein, that yielded ultimately 18.57 g/t gold, 41 g/t silver, 0.89% lead and 1.99% zinc over a core length of 7.71 meters (25.2 feet) with an estimated true thickness of about 3.5 meters (11.48 feet). See table 2 below.

To date, this is the thickest massive sulfide intercept that has ever been found in the mine. It occurred about 15 meters below level 17.5 and about 70 meters ahead of the current A4 vein drift workings as reported above.

------------------------------------------------------------------------
TABLE 2
------------------------------------------------------------------------
DRILL HOLE # TA 17.5-11
------------------------------------------------------------------------
Sample # From To Core Au Ag Pb Zn Cu Comment
(m) (m) Length g/t g/t % % %
------------------------------------------------------------------------
39012 0 0.3 0.3 10.30 12 0.06 0.01 0.02 Vein
------------------------------------------------------------------------
39013 0.3 0.79 0.49 9.40 37 0.11 0.01 0.03 Vein
------------------------------------------------------------------------
39014 2.88 3.1 0.22 0.60 20 0.01 0 0.02 Veinlet
------------------------------------------------------------------------
39015 4.01 4.36 0.35 0.30 6 0.01 0.01 0.03 Veinlet
------------------------------------------------------------------------
39016 8.5 9.3 0.8 0.15 8 0.01 0 0.03 Veinlet
------------------------------------------------------------------------
39017 11.68 12.73 1.05 0.10 4 0 0.01 0.02 Veinlet
------------------------------------------------------------------------
39018 12.73 14.23 1.5 22.7 33.00 0.67 1.29 0.11 Massive sulf.
------------------------------------------------------------------------
39020 14.23 15.73 1.5 6.45 72 2.35 6.08 0.16 Massive sulf.
------------------------------------------------------------------------
39021 15.73 17.23 1.5 33.10 74 1.04 2.56 0.16 Massive sulf.
------------------------------------------------------------------------
39022 17.23 18.73 1.5 28.70 23 0.47 0.24 0.03 Massive sulf.
------------------------------------------------------------------------
39023 18.73 20.44 1.71 3.95 9 0.02 0.03 0.03 Massive sulf.
------------------------------------------------------------------------

------------------------------------------------------------------------
Massive
sulfide 12.73 20.44 7.71 18.57 41 0.89 1.99 0.10 Vein
------------------------------------------------------------------------

Total 10.92m
section 0 20.44 20.44 7.40 17 0.34 0.75 0.04 assayed
------------------------------------------------------------------------

Summary and possible implications of latest results:

The Company's objective for drifting on level 18 and drilling beyond is to attempt to gather evidence to demonstrate the continuity of the stockwork zones already discovered on levels 15 and 17.5. Simply stated, the Company would like to confirm if the zones on all these levels are a part of one large mineralized corridor system as opposed to being individual blocks scattered on various levels in the Santa Juana mine.

The Company is presently in the process of mapping out the latest discoveries which will make our exploration program easier to follow and understand. It is imperative to understand that this newly discovered massive sulfide vein between level 17.5 and level 18 is parallel and about 10 meters north-east of the A4 vein, both part of what is referred to as the stockwork zone. This point is crucial as the Company is now almost certain that when a cross-cut is driven on level 18 which is to occur shortly, both the A4 vein and the new discovered massive sulfide vein will be intersected. Although these latest findings suggest favorable grades may be encountered in the cross-cut, until actual data is collected, there are no guarantees that they will be.

For the reader's point of reference, the initial stockwork zone discovered on level 17.5 lies between the A4 vein to the north-east and the Santa Juana vein to south-west and these two veins run parallel to one another with a slight dip to the north-east. From actual data, it is known that level 17.5 stockwork zone has a width of approximately 30 meters (98.4 feet) and that the lateral extension of the A4 vein on the upper levels exceeds 150 meters (492 feet) in this section of the mine. Furthermore, current development work shows that the lateral extension of the A4 vein on level 18 could reach approximately 170 meters (558 feet).

Based on the most recent assay results from:

a) The first 30 meters of drifting along the A4 vein on level 18;

b) The new massive sulfide vein found just above level 18 ; and

c) The actual data collected from TA 17.5-11 makes it clear that the veins found in level 17.5 stockwork zone extend towards level 18 and are getting wider.

The Company is of the opinion that the numerous veins contained within the limits of the "stockwork" zone on level 17.5 could be thicker on level 18. Readers are once again cautioned that actual data may vary significantly from expected results.

"The Company is pleased with these latest findings from level 18. Furthermore, with the full implementation of an additional two drills expected to begin shortly, our exploration program should accelerate nicely." noted Michel Roy, president and chief executive officer of ECU Silver Mining.

The Company continues to develop level 18 and will report results as they become available. Additionally, a cross cut to check the stockwork zone projection on level 18 is scheduled to get under way shortly.

Lastly, hole 17.5 -11 has reached a further 100 meters below level 18 and initial core samples suggest that our green mineralized skarn (skarn#1) was intercepted again. Results are pending.

All widths from the drift are true widths while the widths from drilling represent the core length and may not be representative of the true width. Samples were assayed at ERSA, in Torreon, Coahuila, Mexico, this laboratory is currently in the process of being certified, and at SGS in Durango, Durango, which is a certified laboratory. Property specific quality control samples were inserted at regular intervals in the sample sequence and the Company routinely does check assays at other certified laboratories.

Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101, prepared the technical information disclosed in this news release.

ECU Silver Mining Inc is a junior Gold, Silver, Zinc and Lead producer in the prolific mining district of Velardena, Mexico where historically over 500,000 ounces of Gold and 250,000,000 ounces of silver have been mined. Full scale production began in May 2005 at the Company's Santa Juana mine. To ensure the Company is positioned for continued growth and expansion, and to take full advantage of the current record setting metals prices, the Company has a fully operational infrastructure in place, several months of planned production available from the current stopes, and ongoing exploration programs.

Statements in the release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially. We undertake no duty to update any forward-looking statement to conform the statements to actual results or changes in our expectations.

Head Office
Rouyn-Noranda
Québec, Canada
J9Y 1G9
Tel: (819) 797-1210
Fax: (819) 797-1214

Corporate Office
J. I. Jiménez 663
colonia Los Angeles
Torreón, Coahuila,
México, 27000
Tel: (01152)-871-717-8633
Fax: (01152)-871-718-5025

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact:
Michel Roy
ECU Silver Mining Inc.
Cell: 011-52-871-727-1061
Email: ecu@ecu.ca
Website: www.ecu.ca

--------------------------------------------------------------------------------
Source: ECU Silver Mining Inc.
_________________
SILVER is KING...Go GOLD...!!!

chef cuistot Inscrit le : 18 Aoû 2005 Messages : 2116

ECU est mon plus grand regret chez fortunéo. snif.

skipper Inscrit le : 05 Fév 2005 Messages : 8688

tu peux ouvrir un compte spécial chez bourse directe si tu veux , Armand ( uniquement par tel et aux h ouvrables .. forfait mini 50 euros )

les commentaires du midas de ce vendredi 15 oct 2006

_______

Mexico Mike on ECU Silver and what the latest means (The Royal Bank of Canada (or one of its clients), the mega ECU short, showed up again today to stop its rally cold – one day they will get theirs, in spades)

Hi Bill!
ECU went a few weeks between exploration updates, so I figured we were due for another good one. It is difficult to appreciate the extent of the exploration and development success that ECU continues to report, because we are conditioned to think in terms of individual zones, and do not consider the overall three dimensional effect. For example, just the Santa Juana vein swarm amounts to at least 15 different veins, and as the company extends underground access to reach these veins, they report the grades as they are encountered. The development underground is going on simultaneously on many levels, stacked above each other, following the trend of the veins.

We also get drilling results hitting these veins. And then keep in mind that Santa Juana is just one of the mines on the property, and the same kind of mineralization is encountered in the other mines.

Lastly, consider that the veins are just part of the mineralization, and we are also hitting extensive stockwork zones, and the skarn at depth. To put all of this information into context, an investor must think in terms of a big cube starting at surface and running down into the ground, and then plug in the data for each section of this cube as it is reported. The drifts that the company is advancing are just underground tunnels that cut across or alongside these veins for a number of metres, opening up areas that ore can be mined and transported to surface.

The fact is that on any mining project, there is no certainty that what goes on underground will be accurately reflected by the drill data. You may have just two drill cores spread out along the area of a football field to work with, and the ore zone may only be about a meter or two in size. If you have several veins, then you may hit a few of them with each drill core. And then you try to build a model of what is going on in 3D from that limited info.

The good news for ECU investors is that we have the underground access established to gain so much more info, by being able to sample and report the grades for tens of metres. So we have much greater confidence that the real ore is there. And with each new NR, we get more info to work with on the entire geology of the project, and more confidence in the mineral inventory.

That is what matters to me at this point, not the individual high grade assays. But the assays themselves are excellent. How many other juniors are able to regularly report assays above half an OUNCE per ton, across wide intervals? For most, you get the odd high grade zone, but lots of less exciting stuff. For ECU, we get that kind of news just about every week.
cheers!
Mexico Mike

' Why the continued detailed focus on ECU?
*It is by far my largest position, equity-wise.

*It is the only gold/silver mine I have ever been to ... crawled through part of it in 1999.

*Veteran Cafe members are watching the evolution of a mine, mines ... and what it takes to get there.

*They keep hitting paydirt, significant paydirt.

*It is an incredible story. The stock went down to 1/2 cent Cdn. and didn't trade for a half a year. Most gave up on the company except CEO Michel Roy.

*It is likely that their findings in the one mine alone are continuous, meaning it is a humongous and very profitable to mine ore body.

*I think it will become one of the largest silver mines in the world, meaning it will have to reach 750 million ounces of silver equivalents. That is just my hunch (MY opinion). Seems to me 300 million to 400 million ounces is already in the bag. If so, the stock is WAY undervalued.

*Because so few of the Canadian firms are behind it financing-wise, etc., they won't give ECU the time of day. The stock ought to be $5 Cdn. NOW. Thus, it is an extraordinary opportunity for Cafe members to look into ... to make their own decision with the facts in front of them, before the institutional world wakes up.

*The stock is trading now like it did at 40 cents. A year ago ECU kept hitting and the stock went nowhere. It was unreal. Then, it went straight up. Cafe members who were paying attention back then are thrilled today. I see the same thing happening once again in the months ahead. ECU closed at $2.95 Cdn., unchanged after the blockbuster news put out after the close last night.
_________________
Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

http://biz.yahoo.com/ccn/061109/200611090356956001.html?.v=1

ECU Purchases Second Mill
Thursday November 9, 2:56 pm ET
- Purchase of a second mill;
- Pyrite circuit commissioning well under way;
- Arrival of two additional drills purchased by ECU;
- Contracted an additional two surface drills for a total of 6 onsite operating Drills;

________

le tout commenté sur midas

Hello Bill!
ECU Silver has been one of the few juniors that actually gets it, when it comes to communication with shareholders. We have come to expect that the company issues regular news flow, and more importantly that the news is filled with useful information to update the rapid growth and development of the company, and reports the impressive string of exploration success they have achieved. So I had to think there were things going on behind the scenes during the last couple of months as the company has been uncharacteristically quiet. Today we have been given a batch of great news to digest that has me feeling that it was worth the wait. There is a lot of information to sift through from the release, so I will just touch on some of the more significant items.

In terms of our growth as a producer, we reached two very important milestones that will have an immediate impact on the operating results. The first was the acquisition of a new mill and recovery plant. During my last visit to Velardena in the summer, I saw the efficient new facility beside our plant, and remarked upon the modern equipment sitting idle. Michel Roy informed me that he did not see very much activity at that mill, which was owned by a private individual, and he wanted to buy it if he could get a decent package price. We did not get any details on the pricing for this new acquisition, but I am guessing that Mr. Roy got full value for shareholders with this deal.

What makes the new mill of interest in the short term is that ECU will be running the tailings through it, to recover high value gold concentrates. Since the cost of excavation, shipment, and crushing/grinding the ore has already been accounted for in past operations, reprocessing the tailings to recover additional gold and silver will go right to the bottom line. In essence, the added cash flow as this mill goes into operation will probably mean it pays for itself very quickly.

Now add in the second bit of news from that segment, that the long awaited gold-pyrite recovery circuit is completed. That means that the current production run from the mine will now be processed through this new circuit to gain the improved recovery efficiency for the ongoing operations. In effect, we will be generating a rich gold concentrate in addition to the lead and zinc concentrates currently in production, and again with minimal additional costs to the operation.

Now combine the effect of high value gold production from reprocessing tailings, along with higher value concentrates produced at primary operations, and ECU will almost instantly generate revenues that are a quantum leap higher, with only a modest increase in our production cost base. When one considers that ECU was recently able to report a quarterly profit, imagine how strong the improvement to our earnings will be once this improved production capacity is factored in.

Do you think that is discounted into our current share price? Neiter do I... And of course it doesn't hurt that gold and silver are roaring right now.

I should also comment on the situation with the drills. As much as we appreciate the regular update on the drilling results, it should be pointed out that the drills we have been using until now are really not up to the job. They are not powerful enough to reach to great depths and test the potential that we have for a large skarn deposit and the ongoing stockwork discovery. And the drill bits themselves are frequently getting stuck and breaking down. Nonetheless, we have been fortunate that the company has been able to remain active and there have been some excellent results posted from this work.

Now that we have new equipment arriving, we can begin to drill the deeper targets. We can expect the drilling to proceed more efficiently, and with so many drills in operation, we can look forward to a steady stream of updates both on the development side in the current workings, and on the exploration side to really go after the skarn system. While the news flow has been great for ECU up to now, its about to get much better. With each news release, and every new successful intercept of new resources, more people are going to find out what is going on with the company, and the commitment of long term shareholders will grow. All juniors are leveraged to news, and ECU is going to be getting that regular boost in market interest in the months ahead. And we always have the potential to look forward to of a big breakthrough discovery that would intantly bury the shorts and catapult the company higher.

Since much of the prep work and preliminary exploration data is already in hand, the drills should be deployed quickly and we can expect a heavy flow of results early in the new year. And how smart does it look now that they built their own lab right on the property to accellerate the assay process?

And let me add just one final comment. How much confidence does it suggest to see that ECU will now have 5 drills turning? The story has continued to grow for a long time now, and hopefully the light is starting to go on for the big institutional money that Velardena is more than just a small project. As fun as this ride has been throughout the year to date, I think the company is about ready for the real liftoff, right on time as the metals go into high gear, and the next phase of the bull market for the entire sector kicks off.

cheers!
Mexico Mike
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Pépite Bull

captain' Inscrit le : 05 Fév 2005 Messages : 5060

News Extra +++ ECU et approche conservatoire en +

Moins de 40% de drilled...une continuité en couloir AU+SLV, des teneurs mixtes très présentables (et certaines excellentes) pas ridicules en simple et carrément cool en additionnant des teneurs de chaque métal ( pour ne parler que du" bimétallique" et en passant même à la trappe les métaux de base...Si si, y en a aussi ... je plane pour toi

LOL) des signes permettant d'anticiper que cette 1ere délinéation n'est pas terminée, une présentation bourrée de mises en garde sur le coté prématuré et conditionnel de l'interpretation, mais une vraissemblance grandissante d'un genre de M'Boundi (pour la continuité du thème géologique).

Bien que n'integrant qu'une partie de cette éventualité, par une prudence de bon aloi, la direction suggère fortement que la taille des ressources bondirait significativement.

commentaires bienvenus...

http://biz.yahoo.com/ccn/061218/200612180364013001.html?.v=1
_________________
SILVER is KING...Go GOLD...!!!

skipper Inscrit le : 05 Fév 2005 Messages : 8688

midas apprécie ++++

ECU Silver:

ECU Silver Mining Inc. announces wide Mineralized Corridor at the Santa Juana Mine

http://www.kitco.com/pr/1903/article_12182006102739.pdf
-END-
Hi Bill!
One has to admire the tenacity of Michel Roy. The Velardena Mine started as a marginal project that was producing on a very small scale, and ECU as a company was hanging on by a thread just 4 years ago. With the news release today, the company has officially served notice that it is about to become the next mid-tier producer in Mexico. Much of this success should be directly attributed to Michel, and the exceptional job he has done to get us to this point.

The news today was more of an interim report on the exploration, and was filled with detailed information. We have been discussing the potential of the stockwork zone for most of this year, as little batches of information became available. Today we were presented with the most comprehensive update so far, and one that clearly demonstrates that ECU has defined a very large tonnage of material, and the grades of this new zone will be well within the economic range to be profitable.

One need look no further than Gammon Lake Resources to draw a suitable comparison. GAM by the way is another junior that advanced to the status of mid-tier this year, after a long process of exploration. Their Ocampo Mine is a combination of an underground operation processing higher grade vein-hosted ore, and an open pit mine processing lower grade material. What is interesting is that the grades of the narrow veins near surface for ECU are higher than the grades of the GAM vein ore, and the grades for the stockwork zone defined by ECU are much higher than the bulk tonnage ore for Ocampo.

I had the opportunity to drive through the workings at Ocampo during a trip to Mexico 2 weeks ago, and it is an impressive operation on a very large scale. In contrast I drove past the Velardena Mine last week and it was like the corner store next to the Walmart. All of that is going to change soon.

There is still a great deal of work ahead for M Roy and company, to prove up the total resource and then complete a feasibility study. The NR was sprinkled liberally with cautionary statements and references to the effect that the company could not verify the economic parameters of production. This is a pre-requisite disclaimer in these days of over regulation, and no doubt part of the reason that the stock was halted for 2 days was to allow Big Brother to scrutinize every word in the news release. But the bottom line is that Michel Roy is nobody's fool, and if he states that the stockwork zone may be a material addition to the resources, then I would speculate that it very much WILL BE economic, and the comparison with GAM and Ocampo above should validate that confidence.

The market of course does not seem to appreciate the magnitude of what the company has accomplished. The market is neither rational nor efficient, contrary to what some people assume, and if the stock trades at the $3 range for much longer it just represents a final opportunity for those 'who get it' to buy it, before the rest of the heard clue in. My guess is that number crunchers at various institutions will be up late drinking coffee and punching in numbers into their calculators, and later this week and early next year we will see significant buying from funds that have been waiting for more data before buying. Michel presented the data today, and ECU is for real.

We can look forward to more assay results and updates in the months ahead, but there is enough information now on the table for ECU to begin planning a much larger operation. For reference, if they increase capacity to 3,000 tonnes per day (a growth of 7500% over the current level), the company would still only be running about 1 million tonnes per year through the mill. I think the company will prove up more than 25 million tonnes just from the new stockwork zone. The NR also summarized several other significant discoveries this year that are not even included in that figure, and that will very likely add even more tonnage.

And did I point out that only a small portion of the current drilling program has been completed and assayed? Suffice to say that the growth for this company is going to be a quantum leap beyond what we know now, and that the total blue sky exploration potential is awesome and may yet vault ECU even higher than Gammon Lake.
cheers!
Mexico Mike
Adrian seconds Mike’s opinion:
Bill,
The report out from ECU Silver Mining (ECU.V) was simply stunning. We can use a couple of quotes from the report to do some quick calculations on the numbers given
1) Quote "Considering these assays as well as assays from material between the veins whenever available, the expected grades, if method one was to be applied, are between 0.8 and 1.4 g/t gold and between 60 and 90 g/t silver or between 2.0 and 3.2 grams of gold-equivalent." END
And
2) QUOTE Between 16 and 23(i) million tonnes of mineralized material has been defined within the Mineralized Corridor from levels 15 to 18 END
This means 0.1 oz/tonne equivalent in gold (without counting base metals). They have an upper estimate of 23 million tonnes. That converts into 2.3 million ozs of gold equivalent. Taking a gold in the ground value of US$150/oz this would add US$350 million of value to the company. This equates to CDN$1.75 per share! In my article ECU Silver Mining – An Extraordinary Junior Mining Company (http://www.lemetropolecafe.com/Pfv1.cfm?pfvID=5676&SearchParam=adrian%20douglas),
I showed that the company should have been trading at a minimum of CDN$6 considering the discoveries the company had made that were not included in its NI-43-101 submission. With this news the stock should now be trading at a minimum of CDN$7.75, however, so far the stock remains in a consolidation pattern confined around the CDN$3 level after having made a meteoric rise earlier this year from CDN$0.5 to over CDN$3.0. Once the selling of weak holders has been exhausted the upside potential in this stock is phenomenal. The company has only completed 40% of its exploration program and they just keep knocking them out of the park. Considering grades keep improving with depth, as I hinted at in my article, the big Bonanza is STILL ahead of us in this unfolding prolific exploration story.
I don’t know of any other miner right now where an investor can still capitalize on the huge upside potential AFTER the announcements of massive discoveries have already been made public! The stock price WILL catch up with the true valuation.
Cheers
Adrian
One more for good measure:
Hi Bill,
In recent discussions with ECU management it was stated to me that this press release would be the most important in the history of the company to date. Having reviewed the data and studied the news closely, I now fully understand the immensity of this statement and concur 100%. To put my view in context, I have read the release at least 3 times so far, I have studied the mapping extensively during my recent site visit, I have spent hours with internal geo’s plus my trip was accompanied by someone with extensive mining experience, I have spent untold hours in discussions with other company personnel, I have walked every corridor of the mine recently including the developments on level 18.5 which will certainly surprise to the upside when data is released and I have spent untold hours analyzing and reanalyzing the existing data base. Many will be conservative but in my view the days of this are over, I wish to be somewhat provocative while still not extrapolating below what there is some evidence to support. This for me means including no tonnage lower than 400 metres below level 18 where we already know the A4 vein exists. The truth will likely be that the deposit goes much lower than this but that is a story for another day as is the skarn material.
The company has just gone to great lengths to try and get people to open their eyes with this release as well as serious negotiation and review by the exchange. It's time to speak louder, with more conviction, more reality and explore the full potential of this emerging mid-size Mexican producer. I just don't want those who have been long time investors in ECU not to fully grasp or understand the significance of today's news release. I'm tired of downplaying this story and want to see more discussion about the upside since only 40% of the present exploration program is complete and the news release actually stated this would be significantly expanded.
As outlined in the press release the mineralized corridor is demonstrated to average 536 metres in lateral extent, by 46 metres in true width, by 600 metres in depth. All parameters are open both up/down/both lateral directions. The actual documented density is 3.8 but the company was conservative and used 3.5. The above dimensions give approximately 56 million tonnes.
Now let’s extrapolate a little given the hints that were in the news release about what is possible. We have drill evidence of the A4 vein 400 metres below level 18 and evidence of the Stockworks extending to above level 15 all the way to level 12, which makes 729 metres in depth as opposed to the 600 metres I used above. If we add the 50 metres in lateral extent that evidence suggests in the press release this would make 576 metres in lateral length. Assuming the same width although this is likely to grow as we may soon see from level 18.5 data, the dimensions are 729 x 576 x 46 x 3.8 (true density) = 73 million tonnes and still open in most directions and probably significantly open at depth.
Now apply the bulk test data from level 15 (the 5227 bulk tonnage sample already processed from level 15: 2.23 g/t Au, 191 g/t Ag, 2.66% Pb and 3.27% Zn in the third quarter Q/3 2006). This data was specifically processed to assist in scoping study and feasibility study developments so is the best example of what to expect plus it represents a good-sized sample to get an idea of total potential valuation for the Stockworks. The numbers are simply shocking and I will let everyone discover this for him or herself.
My guess for future mill tonnage capacity is at least 5000 tpd just for the Stockworks and high-grade veins. Now all investors can see the picture that is developing. The Stockworks is going to be simply huge.
Good luck to all,
GR
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Pépite Bull

captain' Inscrit le : 05 Fév 2005 Messages : 5060

ECU Silver Announces New Assays From Level 18 Within the Mineralized Corridor at the Santa Juana Mine

tchin

http://biz.yahoo.com/ccn/070126/200701260369379001.html?.v=1
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SILVER is KING...Go GOLD...!!!

captain' Inscrit le : 05 Fév 2005 Messages : 5060

ECU Silver continues to come through with the goods:
ECU Silver and Golden Tag Announce High Grade Silver-Lead-Zinc Values in Continuing Exploration on the San Diego Joint Venture, Mexico
Wednesday January 31, 1:35 pm ET

http://biz.yahoo.com/ccn/070131/200701310370230001.html?.v=

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Here is what a highly respected follower of ECU had to say this afternoon:

"These are world-class results and the market caught on late in the day. The fund from London is almost 98% done and once they are, the shorters will not be able to play their games and then we can reach the higher levels. All this is a moot point as I strongly believe that by later in 2007, $5 will be a bargain."
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SILVER is KING...Go GOLD...!!!

captain' Inscrit le : 05 Fév 2005 Messages : 5060

Confirmation...mais en encore mieux...!!!

regardez bien les tableaux, notamment le premier, coupe 2, 6,7 et 10... entre autres...
des teneurs de folie et en polymétalic en plus
tchin

http://biz.yahoo.com/ccn/070214/200702140372741001.html?.v=1
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SILVER is KING...Go GOLD...!!!

skipper Inscrit le : 05 Fév 2005 Messages : 8688

drilling, résultats spectaculaires :

ECU Silver Announces Drilling Results at San Mateo Mine Highlights
Monday February 26, 5:28 pm ET
TORONTO, ONTARIO--(CCNMatthews - Feb. 26, 2007) - ECU
Silver Mining Inc. (TSX VENTURE:ECU - News) -

Discovery of new mineralized veins including intercepts grading 270 g/t, 91 g/t, 62 g/t and 52 g/t Gold and 2,704 g/t, 1,483 g/t, 921 g/t and 223 g/t Silver;

- Additional vertical continuity of 537 meters (1,761 feet) of the San Mateo vein and length of over 900 meters (2,952 feet) confirmed while still remaining open at depth;

- Discovery of a 7.9 meter wide (25.9 feet) "Chimney" grading 3.43 g/t Gold, 286 g/t Silver, 4.40% Lead and 0.95% Zinc on the San Mateo vein;

- Discovery of 3 additional Chimney type zones in a new area not linked to the San Mateo vein. Intercepts include 1.6 g/t gold, 452 g/t silver, 0.67% lead, 0.68% zinc over a width of 4.24 meters (13.90 feet);

http://biz.yahoo.com/ccn/070226/200702260374923001.html?.v=1

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Pépite Bull