So far, no one has mentioned the obvious about Mr. Cavalier's appointment to, and departure from the BOD. If one looks at his background and interests, then the timing of his appointment, one will see that he was brought aboard to help bail out a sinking company, one suffering the horrible weight of toxic financing, related legal issues, and in need of representation in hammering out a deal with a white night, Northern Dynasty.
He's done his job, his expertise is no longer of use, and his interests as a lawyer and "work out" specialist genuinely lie elsewhere. And, he departs very probably secure in the belief that his options will be worth a fortune anyway (as someone else already mentioned).
End of story.
VP in AZ
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