Why Hunter did not go forward
"I and my prosecution task force believe we do not have sufficient evidence to warrant a filing of charges against anyone who has been investigated at this time," Hunter told the reporters assembled outside the Boulder County Justice Center on Oct. 13, 1999.

The bottom line is that the grand jury was shown evidence over the course of many months - - more than a year.  (90-99% of what they were shown or told was BORG.    Questions were put to witnesses in any way the BORG persecutors wanted - spinning allowed for sure.  Witnesses bringing in evidence of an intruder (and that would be Lou Smit who FORCED his way in by going to the courts) were treated with clear disrespect.  
There is a saying a grand jury can indict a ham sandwich - - and in this case they proved the saying to be true.  They indicted people who they were  - - - coerced into indicting for SOMETHING!

But the job of the District Attorney is to watch over this proceedings and know "the rest of the story" - - and to follow up ONLY on a case he believes he can win.

For example, the "evidence", theory, opinion, brain fart of one Donald Foster could have been presented as good evidence from a respectable EXPERT.  (He didn't appear in person but his information may have been.)  But the DA knew "the rest of the story".  Hunter knew Foster had written a letter to the Ramseys saying he knew they were innocent - would stake his reputation on it.  Hunter knew that Foster had identified another person as the killer - - he had a file an inch think on the "work" of Donald Foster.

He knew the man touted as the "key witness" was not a good witness, would be discredited immediately had he been brought in to a real trial.

Hunter also knew that the suspects WANTED to be called in to speak to the grand jury - - and were denied.

Hunter was not working in a vacuum - - he had a panel of advisers who gave him a list of the clear problems he would face if there was an arrest made based on what was shared in that grand jury room.  

HUNTER would have looked the fool and there would NOT be any conviction based on those problems.

Hunter made the right decision and refused to move forward with the prosecution of people who were the targets of a witch hunt and not guilty parties based on the evidence.
In 2013, the Daily Camera revealed that an “unprosecuted grand jury indictment revealed the grand jury prepared charges of child abuse resulting in death and accessory to a crime for both John and Patsy Ramsey in the death of their daughter,” and that “Alex Hunter, the Boulder County district attorney at the time, never signed the true bill, apparently believing he could not successfully prosecute due to a lack of evidence.”
Hunter made a short impromptu announcement on October 13, 1999, and held a longer press conference on October 14, 1999. On October 13, he said:
The Boulder grand jury has completed its work and will not return. No charges have been filed. The grand jurors have done their work extraordinarily well, bringing to bear all of their legal powers, life experiences and shrewdness.
Yet, I must report to you that I, and my prosecution task force, believe we do not have sufficient evidence to warrant the filing of charges against anyone who has been investigated at this time. Under Colorado law, the proceedings of the grand jury are secret. Under no circumstances will I, or any of my advisers, prosecutors, the law enforcement officers working on this case, or the grand jurors, discuss grand jury proceedings today, or ever, unless ordered by the court.
On October 14, 1999, accompanied by fellow prosecutors on the case, he said:
We have eight career prosecutors with many, many years of service, who together have concluded that there is insufficient evidence to bring charges at this time.

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