The longer it takes for them to announce an agreement on ADL, the more I am inclined to believe that you are right. The entire scenario is too much like the past jokes. The jokes are different, but they are all too much the same.
There is no partner to identify. There is no definitive date for an agreement. There is no real practical plan to move forward. Just different lines, which if sifted and analyzed, sound all the same as in the previous years.
While I and others are hanging on for the announcement of a JV, I am growing in disbelief of this amazingly contrived, shrewdly orchestrated charade.
The BOD has been given a pass on all their previous promises and no delivery. This May, if they don't deliver, no other answer but a JV with a capable partner will satisfy even the most ardent supporter of this crew of inept actors. No one in their right mind will believe another concocted story of spider tales. The web will come tumbling down. And with it, the giant spider on its own weight will crash and burn. Enough is enough will be the mantra.
If there is no JV agreement to prove up the mountain and monetize the claims, DeCosta can go back to the dental chair and fill those cavities with gold. That will be the extent of gold he'll see.
I fear you may be right! We await another couple of months!
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