Friday, July 16, 2010

Mining PRs and the Ottotrans™, Part 20


Today, we have Ecometals (EC.v). Good ol' Ecometals, always up for bringing a laugh to the world and ready to entertain us. Coming right up is the front portion of yesterday's EC.v news:

This is what they wrote:

TORONTO, ONTARIO--(Marketwire - July 15, 2010) - Ecometals Limited (TSX VENTURE:ECNews; BERLIN:GDQ - News; FRANKFURT:GDQ - News) - -

Ecometals Limited announces receipt of analytical results from drill hole RZDDH10-03A and preliminary results from RZDDH10-06 on the Rio Zarza gold project in Ecuador. Geological evidence thus far indicates drilling is within the alteration envelope of a mineralized system, but has not yet intersected the high grade core. The Company plans to continue drilling based on the developing geological structural model of the pull-apart basin, using geochemical indicators and alteration as vectors to the centre of the system.

While the analytical results to date have only resulted in sub economic grade gold mineralization, the Company considers that the drilling results thus far are very encouraging, and the main geological results in support of continuation of the programme are (continues here)

And this is what it means:

TORONTO, ONTARIO--(Marketwire - July 15, 2010) - Ecometals Limited (TSX VENTURE:EC - News; BERLIN:GDQ - News; FRANKFURT:GDQ - News) -

Ecometals Limited announces receipt of analytical results from drill hole RZDDH10-03A and preliminary results from RZDDH10-06 on the Rio Zarza gold project in Ecuador. Geological evidence thus far indicates drilling is within the alteration envelope of a mineralized system that has no mineralization, but has not yet intersected the high grade core which doesn't exist. The Company plans to continue drilling based on the proven company policy of throwing sand in the eyes of the long-suffering saps known as their shareholders developing geological structural model of the pull-apart basin, using geochemical indicators and alteration as vectors to the centre of the system which sounds really important, doesn't it?

While the analytical results to date have only resulted in what we knew would be the results, the Company considers that the drilling results thus far are very encouraging because these Prozac pills are really cool and you ought to try them yourself one day too and the main geological results in support of continuation of the BS to string you all along (continues here)