ECU burned through the pyrite asset by selling to cover current costs with a slight profit. Now ECU has to make a profit by mining spiderweb veins at great depth. Not conducive to profits. Drilling results on the promised deep sulfide deposit is more sitting on the edge of the bed and stating how good it is going to be (in the distant future if you can get the capital to mine and process the "new profitable deposits").
ECU needs to find a high grade vein and produce maximum profits in the very near future or they are going to be bought out for $1 or less.
I am contemplating reducing my position and moving to another junior miner.