I see nothing wrong with asking this question of long time holders. He comes across as ethical, truthful but I am a new holder so not sure. That is probably one of the few useful purposes of these boards is to find out how other holders view things like that. Does he over-promise and under-deliver, or the opposite? This is, in essense, asking if this company has good management, do they earn their pay? I would like to hear the opinions of those who have followed this stock for at least a year, preferably more.
Lenic has done a great job and I have been in this stock for over two years. And have lost money, because my cost-basis is .72 and it is currently at .68. I'm okay with that because I know it won't last once silver prices head north again... just wish I had more capital to buy more under .70
Over-Promising and under-delivering has nothing to do with the ethics of a man. I assume you never had to market a company or product in your life otherwise you wouldn't have made that statement. Lenic is ethical. He has had to make tough decisions in a market where finance options for junior miners are scarce. Lenic has done a decent job as CEO. The stock market isn't giving this and many other miners a proper valuation.
If you are asking that question then you shouldn't be invested in the stock. Between this post and the crazy posts I see on Stockhouse by mattbigham I wonder what is your exit criteria for a stock. If you wonder if the CEO is ethical, if you feel your shares are being "confiscated" with the reverse split (which they aren't) why put 1 cent into the company. Sell all your shares and buy into a company you don't have to ask those questions.