What the release doesnt talk about is the resource estimate for cisneros. A November news release said they had hired Moose Mountain; there was an interview with Rick in December 2011 where he stated they would have the resource estimate in january; eresearch which promotes AGD said in a march 2nd perspective:
COMMENT: According to management, the Company is close to getting an internal resource estimate for Cisneros. Our expectation is that, if this resource estimate is favourable, an NI 43-101 compliant resource estimate will follow shortly thereafter. Actually, we expected that a resource estimate would have been issued by now, so it should be coming shortly.
but NOT word in the news release.