Here is the first paragraph from ECU's Wednesday news release:

Toronto, Ontario, July 2, 2008 -- ECU Silver Mining (TSX:ECU) ("ECU Silver" or "the Company") is pleased to announce preliminary results from deep hole drilling within the Santa Juana vein system on the main Velardeña Property. Drilling encountered two types of mineralization within the marble/skarn alteration zone. The first set of mineralization consisted of pyrite-rich calcite veins (the "Calcite Veins") and started 700 metres (2,300 feet) below level 18. The second set of mineralization consisted of massive sulphide veins (the "M-S Veins") as much as a further 150 metres (500 feet) below the Calcite Veins. Confirmation of assay results for the M-S Veins is pending

Please note the underlined sentence. Probably the gold values are so high they figured people would doubt them so they are having the sulfide vein assays retested. Since ECU regularly reports grades over $1000 per tonne, my guess is the need for retesting indicates we are looking at at least two ounces gold per tonne over a wide width.

Next week the ECU shorts are burnt toast.