El Capitan Precious Metals Inc ECPN

Metals & Mining Industrial Metals & Minerals

El Capitan Precious Metals, Inc. is a mining company. The Company is principally engaged in the mining of precious metals and other minerals. The Company, through its subsidiary, El Capitan, Ltd. holds the 100% equity interest in the El Capitan property located near Capitan, New Mexico. The El Capitan Property is situated in the Capitan Mountains, near the city of Capitan, in southwest New Mexico. The Company's El Capitan property consists of approximately 354 Bureau of Land Management (BLM) lode claims and four patented claims. The claim block is located in Lincoln County, New Mexico and occupies a total of approximately 3,000 acres. The tertiary intrusions from the Lincoln County porphyry belt include at least 11 stocks and laccoliths.

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El Capitan Precious Metals Inc

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Post by david39on Apr 19, 2010 7:53am

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Post# 17005732

ECPN

ECPN continues to sell-off but there are signs that the pressure is starting to end. I think people could see the stock drop to support at
.30 before investors start buying again. I continue to watch the volume. When the stock makes a positive close on strong volume that will be an indication that it is reversing its uptrend.

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