I hope you aren't referring to this board when you say "As I was told in the past ECU is a exploration company and does not have to file quarterly statements. This was true in the past when the mines were not producing anything.", because that would not be true. All reporting issuers in Canada are required to make quarterly reports regardless if they are exploration companies or producing companies as defined by the Regulations and Regulators. And ECU is no exception to this requirement and has always filed quarterly reports.

I would also suggest that audited financial reports only occur once per year on the annual statement and the value of 43-101 reports, done by world class companies such as Micon who are independant 3rd parties, are of equal value at the very least in assessing a companies investment potential. In fact I would lean more to a good 43-101 done by a world class company such as Micon as more valuable, at least from my perspective.

When a company such as Micon produces a resource report outlining M&I, inferred and potential resources, you can pretty much take it to the bank these resources exist and are well founded in facts.