Hi Gang.Not really sure how im feeling about todays events.We got a nice little pop.Wish it was more but not complaining.Stocks always drop further and faster with bad news then gains made on positve news.Im not sure if i would rather see Chevez granting the permit this week as rumored yesterday or have the stock price slowly climb back up to its pre-denial price as we wait for a responce from the Kry filing seeking a reversal.What im worried about is the price climbs to the $2.00 range,we wait the 15 days for the formal reply,dont hear anything,wait for the National Assembly to hold hearings ect.ect.It doesnt sound like a quick process.In the mean time our stock price begins to creep down again.
On the other hand,the price might slowly continue to move up as we wait for the process of appeal,not hearing from Chevez,a few months go buy,the permit denial is reversed,the stock takes off and we are all happy
I guess the bottom line is i will be watching and hoping every day,like i have for almost 3 years.Good luck and happy trading
Bill