"At $20 silver that will be sales of $40 to $50 million per year or $3.33 to $4.17 million per month. The sulphide mill will also produce lead and zinc that will help the profitability."

It is a good thing that lead and zinc prices have recovered so strongly. In fact, they are not that far from their all time high.

What remains a not yet answered question for me are the costs for ECU to extract and process its ore. I understand that it is a complex situation, given the fact they are using piled stocks of material and concentrates and are mixing different grades of oxides and sulphides, but it would be nice if ECU could try to give an indication of where they stand in approaching a stable cost of production per ounce, so that we know what kind of net margins to expect per ounce produced.