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Message: Wistar Holt client newsletter very positive for ECU

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Wistar Holt client newsletter very positive for ECU

posted on May 02, 08 08:01AM

Holt's largest position is ECU, and he feels our ECU management is currently working to bring the 170 million silver equivalent ozs up to 250 ozs by the end of June annual meeting.

At the current ECU price, Holt says ECU is underpriced by 32%, and that is using the $3 per oz used when silver was in the $12 range. So with silver at 16.50, and ECU adding 70 million additional equiv ozs., we should see some spike soon.

Hang in there longs!

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