If the recent massive selling of ECU shares was not the new issue, it is possible that it was shorting. The volume and selling patterns was focused on a specific price and it was accomplished beautifully. (Even if it did piss me off to no end!) In shorting was the bulk of the sales, when/if the shorting gets covered, the shares will exceed ther recent $1.20 high.
This is definietly a change in the status of ECU shares and there are no gaurantees. But the fact that ECU went down significantly, in the face of price of silver going up, the fundamentals getting stronger, and the 43-10 increases in reported resources, causes me to speculate that it was the big share bullies getting positioned.
They will soon desire a higher share price and they usually get what they want! Our pain may soon be over.