Here's what they said....
TORONTO, ONTARIO--(Marketwire - May 21, 2009) - ECU Silver Mining Inc. (TSX:ECU - News) is pleased to report that it has poured a total of 78 silver/gold dore bars in the past month.
The silver/gold dore bars have a total weight of 1,575 kilograms (kg). Assays indicate that these dore bars contain a total of 626 ounces of gold and 30,544 ounces of silver.
We have also poured an additional 13 bars this week, assays will be known later, and expect to pour 300 to 450 kg of dore per week, depending on silver assays of the feed.
We have sent samples of our dore to different interested buyers and are in the process of reviewing several term sheets from these potential buyers of our dore bars. The interest in our dore product has been very strong and we have so far received offers from seven different buyers. We have sold 730 kg of dore bars to date and have a planned shipment of another 1,100 kg for later this week to two separate buyers.
The oxide mill continues to operate very well. Over the next few weeks, we plan on increasing the throughput of our gold and silver recovery oxide plant to a rate of 500 tonnes per day.
....and here's what it means:
TORONTO, ONTARIO--(Marketwire - May 21, 2009) - ECU Silver Mining Inc. (TSX:ECU - News) is desperate to report anything that might suggest they are actually living up to their name and mining stuff by wasting yet another PR to say it has poured a total of 78 silver/gold dore bars in the past month.
The silver/gold dore bars have a total weight of 1,575 kilograms (kg). Sounds impressive, huh? Assays indicate that these dore bars contain a total of 626 ounces of gold and 30,544 ounces of silver. We don't do the math for you to get you playing around on your calculator, but it's about $1m worth of metal. But what we don't mention is that we're still a development stage company and if we want to really be a producer we still need to spend a boatload of your cash to make all our inferred resources into measured and indicated, so if you're actually stupid enough to think we're going to make a profit any time soon you need to get out more.
We have also poured an additional 13 bars this week, assays will be known later, and expect to pour 300 to 450 kg of dore per week, depending on silver assays of the feed. We still don't know what they are despite having faffed around for gawd knows how many years, but let's be hoping that the head grades continue...fingers crossed!
We have sent samples of our dore to different interested buyers and are in the process of reviewing several term sheets from these potential buyers of our dore bars. We are also pleased to report that lunch will be served at 1pm, that the toilets are being cleaned regularly and that there's a plentiful supply of paper for each toilet cubicle that should last until the end of the month. Administration reports a successful procurement of paperclips that should arrive by courier any day now.
The oxide mill that we suddenly bought with your money while handing out long term, very low interest loans to management continues to operate very well, because if it didn't we'd never mention it to you. Over the next few weeks, we plan on increasing the throughput of our gold and silver recovery oxide plant to a rate of 500 tonnes per day, but as we're such bullshitters you never know if it'll happen, eh? But don't worry, we'll be publishing another inane "oh please look at me!!" PR on the subject especially designed for retail saps in the very near future