It always good to hear from Russell and his strategy which I can readily relate too. When the seniors breakout seriously and decisively to the upside (not the up and back action lately) and their stock is valued high enough to be used as capital plus they demonstrate they are making good money again then the M&A activity begins and high quality juniors like ECU will ramp up higher from broad and large bases built.
It's true the financing really got in the way of ECU holding it's better than average performance that had been or so evident against most other juniors since last summer. But don't discount the size and strength of the base building that is occuring to do so would be the same mistake many have made in the past with ECU at other key junctures and others are making now in gold/silver stocks. Bullmarkets love to force people out before moving higher just like bear markets want all in before mauling you.
The mill will be running by mid-April and producing gold/silver immediately and this will complete the required transition to profitability that this market has forced and demanded on what was mostly a pure exploration story. Markets change and we should be very happy the company had the options to easily change with it even at the price we paid which I might add got us a good mill and allowed this change to occur.