Infromthecold: I agree with your conclusions. Like yourself, I also believe that management is doing exactly what they should do with information in this situation. Management walks a fine line here. Premature releasing of partial information, if not required, could be viewed as hyping the stock. As painful as it may be now, there is a process that management must follow.
As for speculation on this board, I have found much of it extremely helpful. There are some very knowledgeable folks on here. Yes, we have to sort out the wheat from the chaff, but I would rather deal with that than a vacuum. In the end, aren't we all trying to gain a picture of what the future may look like -- for which there are never any real facts until they occur? This current exploring is due diligence that most of probably wish we had done long ago and could do on our other investments as well.
Thanks for sharing your thoughts -- I'm right there with you.