hi there,

reader for over two years here. i've bought in big today, about 175k for around 1,13. have an earlier holding on an avarage around 0.70. since today ecu is my bigest holding- over 400K.

i'm convinced about the upcoming spike in the silver market. i've just read ted butler again amongst many others about it. so finally took the step and i've sold another holding completely today and just moved it over to ecu. probably not the best timing around but who cares when the price will eventually be much higher in the years to come.

also debt will be an issue in the years to come and ecu might be able in the not so far future to pay more or less for their drilling and exploration program- hopefully dilution will slow down and an independent producer position will become more and more stable for ecu. also the chart looks ok to me and after this consolidation, i wouldn't be surprised if we move higher before the end of the year. warrants exercise in 2014 only so that selling pressure could be neglected for the moment-although we might have a little tax selling by people making losses on some other investments.

obviously the amount of outstanding shares is pretty substantional, but with a much higher spotprize on silver, even that might turn out to be just relative is my strong believe. the power of naked shorting for bothe the precious metals as well as the junior sector and ecu in particular also have to readjust to the new day, so all together i strongly feel ecu is a good investment right now, even after the rise of the past month.

although not a fan of agoracom - i was one of the first ones who publicly exposed their boilerrroom activities down in those early days on the noront hub and i was banned for that, i always have been a fan of this hub. since the agoracom management found themselves quite recently in court because of their shameless boiler room activities and fraud, and i didn't post for over a year also out of protest against their moral standards, i feel happy now to be back on one of their hubs, and to be almost fully invested in ecu.

i also play option contracts called speeders or turbo's on silver - european from origin, i still do that through my european banks, although i live in the states- and the last weeks have been great for me on silver long contracts. not in at the moment since i have the feeling that 27,70/27,78 barrier from yesterday and today might be a tough one to overcome tomorrow, but in general like most here i'm very bullish on silver and i'm in a sharp standby mode to buy in again on a speeder with a heavy multiplier and leverage.

i fully respect the level of posting here and i will not contribute a lot if not needed in case the info already has been mentioned before, on top due to my job i'm not always able to follow the markets close enough on a day to day basis. although i do have my focussed weeks occasionally.

anyhow, for now very happy to be here and i feel confident that todays invested money will be part of the education of my 11 year old daughter further in life. i would like to end this introduction message by thanking all of you for the years of hard and research work and posting those results here, which helped me to take a decission to seriously invest in ecu silver as per today.

thanks for reading and good luck to all silver longs.

take care, rose2010

ps let's help the max keiser protest and buy some physical to smoke out our shorting friends at JPmorgan; now is the time!