I have to agree with you lawnbowler. Ecu is currently in the process of raising capital the stock will not escalte until this private placement is filled and closed. This should be within the next 2 weeks. At this price there is a premium to be paid in order to recieve 1 warrant that is valid for 5 years over 0.85 cents, which is a steal of a deal! I strongly believe that once all is said and done we will see ECU begin to trade around the 1.00 mark it will be a win win situation for those that took part in the pp and those that are buying and continue to buy in the open market! We need capital and i think that ECU is making a great decesion by securing it through the pp before more credit crisis issues begin to arise. Notice that alot of other companies have been doing PP these days and they are all getting filled rather quickly." But i thought that there was a credit crisis and the banks are not lending money", think again there is a lot of money on the side lines and lots of these companies are at fire sale prices! Great to see the Precious Metals begin to show strength as we enter the mid session of the first quarter of 2009. All is looking welll on the horizon with ECU and i strongly believe that its has a lot of catching up to do with the current market once the PP closes!
Ecu heading back above 1.00 first week of March!
good luck to all be fearless we have the resources
sharky