Reviewing where we (ECU share holders) stand at the end of the month one can not help but gain confidence.

The share price action has started to act better. We are starting to see the sp move with the price of silver. This is significantly differentthanthe first 10 months of the year when a #1,000 gorillia was sitting on us each day and especially when the price of silver or the share price started to climb. Very good development. This is a great change from the suffering we have endured knowing we had a gem while watching the sp languish.

The price of silver closed November at a 30 year high monthly close! The timing could not be better! The price of silver has a long way to go given the fundamentals for silver and the global recognition spreading that fiat is a ponzi scheme meant to steal wealth from the masses to enrich the few. People, institutions and people all over the world are waking up. The trust in paper is being challenged. People want alternatives to paper and the two best vehicles are gold and silver.

The management of ECU has weathered a horrific two years of hostile business environment, limited funding options, high cost of capital, and destructive share manip[ulation by external sources. During this time they have increased the financial position of the company as other miners have struggled or failed to stay in business. They have added miling capability, increased resesources, increased mined tonnage, and enhanced miling efficiency. They border on cash positive operation while continuing the exploration/proving activity.

We have had the ECU share price that more than doubled from this years lows, but the share price, even after the recent strong move, is still CHEAP! We stand to make more money if we buy more or if we just sit tight on our existing positions. We are just starting to see the results of our great company and our own faith in that company. It is only going to get better!