Gold is up $22 today and has picked up $50 or so in the last few days for all the reasons we know - yes all gold stocks are up. However Kry is not a gold stock until the permit. This movement as many have said is due to a leak and/or anticipation of the permit. I'll take the former. The volume action today, as I said before, was relatively controlled with very few large bids or ask's. In particular the asked side was remarkably absent of large(30 - 50m share) offerings. Tells me the shorts or whoever has been holding Kry down, does not want to risk putting a big # out there and having it snapped up with the pps rolling thru them and going higher putting them in a scramble mode to buy those shares back.
This feels real!