Re: News????? - more analyse
posted on
Apr 01, 2011 02:21AM
oh yes, in the 4th quarter, ECU had to pay US$ 1'000'000.00 for the mineral concession. two more payment to go until November 2011 (US$ 1mio each).
So this is really encouraging for 1st quarter 2011. No payment has to be made here.
as the minus in q4 was CAD 630tds, there is a good chance for a profit in q1 2011.
in 45 days, we know more... :-)