We seem to be at the mercy of these shorters given the relatively thin trading associated with ECU. I really can't see any change until there is an influx of new money that finds its way into ECU and the rest of the junior mining sector, overcoming the bastards who routinely short and then use their trading algorithms to guide the price lower.

Just watch the daily trading patterns and the few usual suspects who effectively maintain a downtrend by automatically increasing the sell orders on any hint of buying and/or potential threat on the 3 year down trend. The chart is definitely being painted here since it is imperceivable that a perfect straight line has formed from normal trading patterns.

The decreasing short position over the past four weeks and the unprecedented bullishness from the talking heads on Fast Money are an encouraging sign that maybe the mongrels are changing sides.