Great chart ESL!
Those cycles don't lie and neither does the fact that ECU has finally broken through that dreaded 3-1/2 year downtrend on some decent volume. Next stop is low $0.90's and once that is broken we make our way to the $1.20 to $1.30 range.
I noticed SLW was up 3.3% on Friday or in dollar terms more than ECU's entire market capitalization. When put into perspective, ECU has big potential, especially since the production numbers keep improving and the exploration program to target the deep massive sulphides has yet to commence.
When the volume returns, those trying to slow down the ECU's ascent will be overwhelmed.