GWR, just about everything you stated I agree with but for one aspect.
I expected some background info in the conference but obtained none. All that was stated was a repeat of the report and commentary that anyone even frequenting any ECU forum would have known.
Hence I wonder what was the purpose of the whole exercise. It did not improve my knowledge of the company.
I knew, or at least expected, and would have been very disappointed, had the company said that it was not returning to drilling and proving up the potential resource. So I learned nothing new of the company's plans after the report. And I do not think that any opinions that could have been stated at the conference needed to be rubber stamped by a board of directors.
Opinions are just that, official plans are something else.

Saying the above it does not mean that I am disheartened with the company. Quite to the contrary, I see the potential and believe in the possibilities. Had a chance to sell a few shares at a profit but did not because of the underlying fundamentals and bright future as one of the premier silver plays.
And am patient (greedy?) enough to wait.