Lets start off by saying that this news is not one of the best PR that ECU has relseased, you have to call a spade a spade and this was one of those bitter sweet examples that a company has to make in order to progress. Especially when you choose to produce you want to make a profit and not have to worry about paying off your debt. I have to say that its debt was a little larger then excpected and that they should be more conservative considering teh economic times.

Positive Fund investors look for

• companies that are producing
• operating cashflow
• yearly profits
• no debt
• M.I Resources estimates
• Market cap
• Outstanding shares

Negatives for funds to invest

• weak operating cashflow
• debt
• tons of shares outstanding
• hope for the best resources
• non profitable quarterly

I expect that all is still looking very positive for ECU silver and i anticipate production news coming down the channel as we have already had posession of the mill. This in itself is huge news .....and todays news was just one of the steps that needs to take place inorder to venture out from here. Due to the conditions the economy is facing i think that the less debt you have even as a personal investors the better off you are. The dilution of the shares won't be affected as we have just increased the NAV!

Starting to see many juniors popping this stock will have its day and you all know how she starts to sing when someone is standing behind her! LOL

Terry Mankow