Thursday, May 19, 2011

ECU Silver ( When a normal company late-files a quarter it's not a cause for worry, but...

..when a bullshit scam run by a bunch of sophists and toerags misses its filing date without making a single comment on the lack of quarterly financials or MD&A, then suspicions are infinitely higher.

And I'm really looking forward to the ECU Silver ( report as well. One of my four annual guffaws from those guys, because in the reg filings they have to at least write something resembling the sad reality of the company. So c'mon guys, file your quarter today willyaz?

UPDATE: Aha! As if by magic, after the bell today sends out its latest lump of huffypuffery about drilling then buried further down is this:

The Company also advises that it plans to file its March 31, 2011 Consolidated Interim Financial Statements and Management Discussion and Analysis on June 14, 2011. The filings for the first quarter of 2011 will contain the first set of financial statements prepared in accordance with International Financial Reporting Standards (IFRS). To assist companies in making the transition from Canadian generally accepted accounting principles to IFRS, Canadian securities regulators have extended the normal filing deadlines for the first quarter of 2011.

Strange how all serious mining companies have had no problem about filings under the new regulations, but uses it as its weak excuse, innit? Strange how they don't mention that a planned filing of June 14th means a one month delay to normal scheduling. Mind you, the lack of straight talk and basic honesty is par for the course.