Everybody is getting real tense now. time is growing short. It is pretty much expected as far as I am concerned. KRY better do something soon or else its curtains and people are getting jittery. Not me though, I don't know anything but I am sure VZ does. They are slow, idiotic and very stubborn but if you let the company go down the tube, what makes them think other companies would jump in line to follow KRY? I dont know about all you but I am certain Fung has make this abundantly clear and with the need for bucks, this solution is the easiest Chavez can do.
Not 100% sure but then again, tell me a stock that anyone was 100% sure on Bear Stearns, Lehmen, Merrill Lynch?
I do believe the jump now will be less than first believed when the permit comes but, if gold does a run after the permit, this company will be quickly on the auction block, I don't have the feeling Fung will be mining anything. That is why the guy 2 CEOs ago (name escapes me) had to leave, not his expertise.
I stand by my statement that no one would take 20% of the shares outstanding to see it go down the tank. They are now driving this company, especially after the permit. No one seems to see this. Well I am pretty sure Buffet would not acquire 20% of a company unless he had DIRECT access to what was going on. Would you?