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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Post by SwissInvestoron Mar 10, 2010 1:10am
423 Views
Post# 16864047

Hole-2 results

Hole-2 resultsThe main mineralized section was intersected starting at 328m and continues to the current drilling depth of
518m and Based on encouraging results of this hole, the company has increased the drilling program initially to 2,000 m.


Bashers are back because significant mineralization has beenencountered between 328 and 518m in this hole and news should bereleased even BEFORE next friday. This is what we officialy got by the last report on that hole but i think that they drilled it up to 600m. This hole was planned only to a depth of 450m and they increased depth to 600m based on this awesome results. You have it black on white on their website https://www.ecometalslimited.com/projects/results2.pdf


And don't underestimate the suarez FM from hole-5. Is their is surprising gold we have to major zones: Suarez Fm AND Misahuallí Fm.
The official news was from february 22nd...the report filed on the website was i think 3 days later on february 25th...analytical results are expected within three weeks on receipt of the
samples at the ALS Chemex South America regional laboratory in Lima, Peru.

Bashers and shorters are loosing their air to breathe right now, that's why they here. In only a few todays we will have our first drill results ever which on this concession after waiting 3 years for this moment. Based on all the DD which was made from some respected users on this board everything points to a gold discovery....and bashers now that and that this are probably the last days EVER you will get Ec under the old 52week highs. Let's wait for the results to see what we get.


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