We are moving into positive seasonal's for the metals. At the same time the international community is generating the infrastructure necessary to move away form the US $ as the globe's reserve currency. These two influences will have a profound effect on the metal prices against all currencies and even more against the US $.
We can expect ECU to transition to positive cash flow in the next 2-3 quarters. Add to this the huge resources and much greater potential for those resources to increase when exploration activities start again. We may recover a few nickels or dimes in the share price over the next 6 months, but this is nothing compared to the potential I see in the next 12 - 18 months.
It has been hard for me to put up with the manipulation of the metals and the unreasonable pounding ECU shares suffer at the hands of institutional crooks. But I firmly believe that ECU will be one of the survivors and will reward those that are able to hold onto a good amount of shares as the criminals masinations come to their inevitable conclusion.
The metals are starting the week nicely:
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