Rick,
Yes the first part is for this forum and the latter part to Tenney and also venting a bit on this forum.
No I have not sent it to him. However, I did speak with Roberto in Nevada. He claims Volcan is spending money on infrastructure as we speak. He also claims announcement will be forthcoming. He also claims that shareholders will have some great news to look forward to.
It is incomprehensible to me if in fact Volcan has already made substantial expenditures on roads, shaft safety etc. then why not make that public information.
Nice to bring 20M shares back home again. Nice to announce that. But really, this is merely a company auditor's, accountant's info and does not do much for the share price or the real crux of the company operations. Strategically, it is a relatively minor event. I agree with your assessment that this decision to cancel the agreement is the right thing to do, and shows some resolve. But let's focus on the big picture (ADL/LDM) and inform shareholders of progress in that regard, or lack thereof.
It appears that as soon as the Ulander deal started to look sour, the company came out with another diversionary message re the ADL being the real deal. All of a sudden, shareholders were to look no more at the ADL but the LDM was now the real prize. So it continues, it seems.
So the motto has been, if we cannot deliver the real deal, let's do something to keep the shareholders at bay. If it walks like duck, quacks like a duck, it probably is a duck.
I probably should send that post to Tenney.
