Relief Trumps Anger Others have posted very well, so I will be brief.
The anger comes from the understanding that the huge sums of money being spent on legal fees is totally unnecessary and inappropriate. It comes from BC taxpayers and all of us shareholders. It cannot be replaced in today's marketplace. BCSC should be fighting this one in Victoria, not at our expense. Canaco's offer to cancel the options altogether should have been accepted. Enough said.
The relief comes from the new understanding that there now appears to be nothing wrong with the deposit or the economics. The lack of promotion and buying for several months is explained. The institutions bailing under a cloud of doubt is typical behaviour. The lack of communication is mandated. The inability to get the TSX listing is obvious. The delay in releasing drill results may also be attributable.
This spat has cost us huge. In the fullness of time it will be forgotten. I am delighted to continue hold a significant position in Canaco and expect others will feel the same way