Well, he was appointed managing director of Reward Minerals and then resigned about 6 months later with no notice period. He doesn't seem to have a very stable record recently. Ruane had to step back in and took the Reward job back.
I think Letheridge needs to find a position, commit himself, and stay there for some years, in order to regain some credibility.
This doesn't mean anything for EAR, and is probably a positive announcement IMHO.
Paleo may be correct, but I hope not. As previously stated, I want this mined soon, and I think Sprott will fund it if they are asked, at their normal rates, with pay off in 1 year, after that it's all debt free capital to build the bank account.