ECUADOR GOLD AND COPPER CORP V.EGX

PEA Should be completed on time

[Goldenrules]

I decided to call the GBM Minerals Engineering to see if there would be any delays on their side. Apparently the PEA will be completed on time and a draft has already been sent to Glenn so Brendan might be right about behind the scenes negotiations. Now if someone can get through to Glenn we might get some real clarification. The draft is probably in the lawyer's hands already.

Here's the final list of today's trades. Maybe Anonymous listened to me and decided to do a little trade at the ask. I should mention that the TSX can check the markers of any trade to see who the anonymous trader is and if anyone is trying to manipulate the price, they can and will detect it. This is much easier for them to do with a thinly traded stock like EGX.

Recent Trades - Last 10 of 14

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
15:12:42	V	0.055		10,000	28 BBS	7 TD Sec
14:14:33	V	0.06	0.005	2,000	1 Anonymous	1 Anonymous
14:05:07	V	0.055		900	89 Raymond James	2 RBC
11:21:21	V	0.055		4,000	1 Anonymous	1 Anonymous
11:21:21	V	0.055		1,000	89 Raymond James	1 Anonymous
11:21:21	V	0.055		10,000	1 Anonymous	1 Anonymous
09:30:21	V	0.055		11,000	1 Anonymous	1 Anonymous
09:30:21	V	0.055		10,000	1 Anonymous	1 Anonymous
09:30:21	V	0.055		10,000	1 Anonymous	1 Anonymous
09:30:21	V	0.055		19,000	7 TD Sec	1 Anonymous

[Ticalian36]

That's great news! Thanks for the heads up!

[Solidsnake10]

I find it highly unlikely that GBM would give out information like that.... then again guess i'll find out by calling as well.

[Goldenrules]

Why wouldn't they? It isn't a state secret. Their name is on the press release. I called the Colorado office. They didn't give me any specifics about the report and I obviously didn't ask.

[nightcrawler000]

Golden, you should have been a detective. Great work going to the source for the PEA! Don't know how I feel about a draft already being in Glenn's hands, but it looks like the clock is ticking on getting some action on this stock. Personally, I am assuming it will be positive if I had to make a guess. I also may put in another bid at five or five and half and see what happens.

[BrendanC]

Of course im right... hahaha. But in all seriousness, good idea on calling them. It never crossed my mind.  If you read between the lines on these things such as the PEA being done by the end of the month and Laing all the sudden takes off to China, London and the Middle East, the three largest Clients for the Gold Industry....   its pretty obvious what is taking place here.  This

[Ticalian36]

So just playing devils advocate here since we were talking about worse case scenario the other day...since Glenn has the draft, any possibility that patchhand is right and info/results might have leaked and not be as good as we think and that's why we are having anonymous selling for the last week?

[BrendanC]

Anything is possible Ticalian....   I think if the PEA was bad we would see more selling and I dont see what the point would be in listing as "Anonymous". If the PEA were bad, we would see insider selling more than likely. I think if the PEA were bad, Glenn would not be oversees right now in China and Europe. If the PEA were bad, They likely would be trying to get out a lot faster