"IF shortcovering does occurr with abandon, there will be no supp. or resistance as law of jungle will have asserted."

I would not recommend any ECU shareholder to trade his/her shares under these market circumstances.

Shortcovering will be competing with the disinvested capital on the sideline. Shares will be hard to get soon enough.

Excellent move by ECU management to issue todays Press Release. It puts the pressure on the shorts for the next few weeks until the new resource estimate is made public mid December.