Staunch GATA supporter ECU Silver (my largest holding) keeps hitting…
ECU Silver Continues Exploration Success at Terneras East
Tuesday August 12, 10:17 am ET
Highlights
- 2.0 metres (7 feet) grading 2.0 g/t Gold, 1,455 g/t Silver, 6.2% Lead and 2.5% Zinc.
1.6 metres (5 feet) grading 4.1 g/t Gold, 447 g/t Silver, 0.8% Lead and 2.1% Zinc.
-END-
From Wistar Holt’s client letter last night…
ECU remains one of the most undervalued companies in the mining sector. Having confirmed the massive sulfide veins one month ago, the company will soon embark on even deeper drilling which could confirm a significant increase in the size of their deposit.
ECU’s prognosis is the main reason the stock has outperformed most of their mining peers since dropping to C$1.35/sh. in late June. Today, silver is $3/oz. lower, yet ECU is trading at C$1.60/sh.
http://biz.yahoo.com/ccn/080812/2008...
