I have been offline since yesterday afternoon with computer problems and just got back on line. I read many excellent posts on the debt conversion for equity (balance sheet action) which is a definite positive for the company, as so well expressed by a number of posts. That's all I'm going to say because most everything worth saying is in posts already made.

Lawnbowler, management are not making it easier for a takeover bid and would want to make it more difficult as it's way to early.

I note that Moose is correct on the mill and there have been no issues nor surprises and no large amounts of capital required for startup, just as expected.

I suppose some selling could be related to debenture conversion but that debenture capital came from very friendly hands so I wouldn't expect much. Besides the investors of the debenture capital converted looking for long term upside not capital recapture. It looks to me like ECU is getting their ducks all lined up by cleaning up the balance sheet some to enhance earnings.