From ECU's 2009 Q2 financial report on Sedar there was much improvement in the fincial department as follows:

2008 loss = $3,486,775

2009 loss = $829,506

2008 revenues = $0

2009 revenues = $2,699,247

2009 Accounts receivable = $1,388,214

On the downside we have the following:

2009 cash and cash equivalents: $386,884

2009 mining property defered costs & supplies = $3,183,416

2009 accounts payable and accrued liabilities = $5,316,198

In summary, our finacial state is not great, but has improved significantly since a year ago, and with the anticipated greater cash flow from the new mill, next quarter should have an operating profit since we were only $829,507 short of a profit this quarter.