This update is very seriously concerning because the pending appointment does not sound as if it will be just another position on the board of directors.  It is feeling to me as if it will be a grant of a vested interest in the company of some sort because we have not the money for a salary, or maybe that will be included too.  JB, be contrast, was working for free and deferred salary (plus his already owned share-interest in the company).  I seriously doubt any outsider will come on board under the same terms.

If I am correct, it means much larger operating costs, and a major give-a-way of interest in the company that will not be performance-based.  This may be o.k. if it comes with a partner, but I doubt that that will be the case given the disclosure that he/she is unemployed (fired?).

So what I expect to hear from this is 1) an irretrievable loss of equity in the company, 2) cash outlays that we can not afford, 3) still no partner, and 4) another "expert" on the board who may not have the experience or education to grasp the complexities of mineralization in the area of the Tombstone caldera. 

In summary, expect something distastefully costly and leaving us with no partner still looking for a partner, especially if this person is from Chile.