door #1 or door #2
posted on
Mar 12, 2008 11:55AM
Door #1: Maybe this is the start of the juniors being "let go" to fly on their own. After all... gold is getting consistently closer to $1,000.00 per/oz. and the juniors are a bit behind the curve and have room for a quick catch-up. I say this because a lot of the juniors I watch are green today (in a significant way) like KRY.
Door #2: For quite a while some have said that KRY was going to source the money they needed, to actually build their mine, through the financial markets and not through much more share dilution. I wonder if what has been whispered recently on this board and other boards recently is the fact that they have found that funding (contingent on the receipt of the permit of course). That would put bankers and a fairly large group of individuals in the know prior to any formal announcement.
Then again... there could be nothing behind either door except MHO.