With today’s production results from ECU Silver (ECU.to) looking like this……
….there’s even a chance that this dog might even put in a net profit for the quarter (which shows just how profitable gold and silver really are). Here’s a guesstimate:
So why is the call for a financing in the works likely? Well, consider first the bullshit pumpers about to crow on these quarterly results, including the bully Holt, the other GATA dumbasses and Mexico “oh no not in anyone’s pocket at all” Mike. And then consider the current working cap position (again, guesstimated for 2q10):
Yeah, it’s dilution time in sheepsville.