sorry edgy still it doesn't add up
posted on
Dec 13, 2007 07:39AM
For months now we all anticipated this report. Not only that since september of this year we have seen a rise in silver and even a share price of 2.50 plus a share. The fact of the matter is that ECU share price has gone down not up. I had invested some more in September in the midst of this anticipation and at that time ECU was trading at 2.30 a share except for that one spike at 2.50 plus it has pretty much sustained its under valuation of 2.30 a share. This only tells me that this waiting for the 43-101 report meant nothing to us as shareholders. IT was also stated that when GOG initialy went into this partenership the reasoning behind it was to add funds to start the initial start up cost for this project not take away from its value. Maybe I am not looking at this correctly but what is the reasoning behind a loss per share when we have the report{so anticapated for 2 months now] and the rise of silver since september. And if I am not correct in my assumptions when are we going to see a value number that proves we are going in the right direction.