I respected your idea but I do have a different thought.
I do not agree this is a small release since it is stated on Reuters which is one of the well-known medias in the world and more important, KRY name is being mentioned solely.
Vheadline has lost its credibility to me given its previous record. Unfortunately, it is the only conflicting source.
I do agree that it is too early to conclude if this is a good news or bad news. However, management is responsible in protecting their shareholders.
Although RM did response to private email but it is not a public statement in clarify the situation. I can take that as a personal recommendation but not a fact yet since it is not a public statement.
Personally, I do hope this is a nicely setup for permit announcement but no one can really tell if this is true or not until a permit being granted or denied.
And yes, KRY management can take the time to investigate the whole story before any public announcement. However, I would wish that they can release a PR saying they did not recieved any communication from VEN that is conflicting from their pervious discussion, and they will follow up on the reuters' article and information will be release once they got an update or clarification. I think this type of PR will not help me but the public since we are in the beginning?/middle?/end? of the financial crisis and no one can perfectly predict how the market will react this type of news to our share place. If price goes above $2. Great. But it could also goes to 0.5 or even lower since reuters is coding this is announced by the only power from VEN.
Just my thought and thanks for keeping me calm.