Mr. Roy: The investment community has not realized yet exactly how far we have progressed in the last few months. Quite a few people are waiting for the results of the 3rd Quarter to see the evolution.

I think our shareholders are going to be pleasantly surprised. Some of the bigger investors will probably wait a little bit more to see the 3rd and the 4th Quarter.

On our side we decided to keep everybody informed and you can see that we have been publishing quite a bit of press releases so that people know that we are doing things, and I think that lacked a little bit in the early months of this year.

CEOCFO: What is the most important thing you learned from getting this into production that you could translate to newer projects?

Mr. Roy: The biggest thing now for us because of the production is that we are financially
independent, in the sense that now I don’t have to rely on outside funding to pay for the cost to do new things, explore new areas, do some acquisitions. All that right now I can consider; whereas before I would have to do some financing; right now we are not planning to do any short-term financing.

CEOCFO: Would you tell us about some of the new vein discoveries?

Mr. Roy: In our latest press releases we are opening areas either that were not included in our resource estimates and the official report, or were included but in the inferred category with relatively low grade. What we have been finding is that the veins are more continuous and have better grades than indicated by the drilling, and I have been focusing on that.

I want to demonstrate that most of our resources are very high quality resources, and that when we go there actually to mine, so far we have more than thirty examples, we have always found more gold by mining it than the drilling indicated.

CEOCFO: In closing, why should potential investors consider ECU Silver Mining?

Mr. Roy: There are quite a few reasons investors should consider. First we are certainly one of the lowest cost producers in Mexico. Number two, we have a huge resource among the small companies. For our size company, we are the largest resource base.

The resource we have has the potential to grow tremendously very simply because we have not reached the limit of our main mineralized systems. We have not reached the limit of depth or laterally, so there is still a large potential for growth there.

Finally, I think that because of the past dealings that we have had with local miners there are smaller miners that have lots of confidence in us and have been approaching us with projects that are of interest to us. Therefore, we have first shot at a lot of things that the big ones don’t have or the others won’t have because they don’t have the contacts. All of that put together means that the company will continue to grow tremendously in the future.