Half a billion market cap in days,,,Rio Zarza has several targets on the site but there is particular excitement about this one target on the property that is almost identical to Kinross' 13.7M oz Fruta del Norte deposit just 1200 meters away.
It is a buried, highly charged IP anomaly 850 meters in length by 200 meters in width along a rift fault in the same rocks that host FDN. If Ecometals hits this target then there will be significant interest by several companies, including Kinross. It is anyone's guess how much gold is buried there but I am willing to bet that Ecometals will be recording significant intercepts in September.
A 100+ meter intercept with sections of visible gold will be an identical repeat of FDN. If that happens then this stock will easily soar to half a billion market cap in days. With already 1.6M oz's on other projects in Ecuador and potential to significantly increase that from '06 and'07 drilling results, there is very little downside to the Ecuador operations now.