This update was released August 25th, a few days ago. Their Dec/08 target price was $1.75 and this from Richard Grey who is extremely familiar with the ECU Velardena project, he has forgotten more than most will ever know. This market is crazy and I will stick with those who know what they are talking about and have spent and taken the time to be informed not some traders beating us up or US hedge fund trading for pennies and pressing the price or existing shareholders throwing in the towel (yes this seems to be happening). I don't think the traders or hedge funds could get away with this share price action if not helped by those who have decided to throw in the towel.

Sanity will prevail and in the ground silver valuations will get back to a more normal valuation in the future and this means that stories like ECU will move aggressively higher, many times higher.