ECU is my 2nd largest holding with Candente being my largest. I consider myself a long term holder of ECU. Ever since Stephan Altmen became president of ECU on January 8, 2007, the stock price of ECU has been in a tailspin. This is despite the company making many acheivemnts during this time. I am not in a position to judge Mr. Altmans job performance, but the coorelation of his employmnet with the stock price slide is worring. Look at the 3 year price chart for ECU http://stockcharts.com/h-sc/ui along with the news release of Mr. Altmens hire and decide for yourself:

TORONTO ONTARIO, December 6, 2006 - The Board of Directors of ECU Silver Mining Inc. (TSX-V: ECU) is pleased to announce that Mr. Stephen J. Altmann has been appointed President of ECU. He will assume his duties effective January 8th, 2007. Mr. Michel Roy, who is currently the President and Chief Executive Officer, will continue as Chairman of the Board and Chief Executive Officer.

Mr. Altmann has extensive experience with 20 years in investment banking and the resources sector. He was most recently a Managing Director at Desjardins Securities Inc. and prior to this worked at Scotia Capital, Credit Suisse First Boston and RBC Capital Markets. Mr. Altmann holds a Masters of Business Administration and an Honours Bachelor of Science in Geophysics.

ECU has experienced significant growth over the past year and Mr. Altmann brings additional expertise to the ECU management team that will enhance ECU's ability to more rapidly achieve its objective of growth and expansion. Mr. Altmann will be based in ECU's newly established Toronto office to augment communication with the investment community and ECU shareholders.

"We are pleased to have Stephen join our ECU team and greatly appreciate the technical and financial expertise as well as the industry experience and commitment he brings to the Company," said ECU Chairman and CEO Michel Roy. "Stephen's appointment as President signals our expansion and growth. Given our ongoing expansion plans, ECU will continue to add expertise to its team."

The Company would also like to report that its two, recently purchased drills are now in full operational mode and significant progress has been achieved given the capability of the new equipment.

About ECU
ECU Silver Mining Inc. is a Canadian silver and gold mining and exploration company with executive offices in Toronto, Ontario, that is involved in the evaluation, development and mining of precious metal deposits in Mexico. The Company owns the historically prolific, 564-hectare Velardeña Property which holds five mines and a milling operation in the state of Durango, Mexico. ECU's goal is to become one of Mexico's largest producing silver mines. ECU's common shares are listed on the TSX Venture Exchange under the trading symbol ECU.

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.

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

Contact:
Michel Roy, President and Chief Executive Officer

Richard Buzbuzian, Vice President (416) 644-8640