"without releasing our desperately week position, in press releases. I guess the real question is, would it be beneficial to our position, for us to release that we've had to resort to Canadian government intervention. I really don't think that would have a positive effect on our already extremely weak share price."

E Z Street, I usually agree with amost ALL your posts, and I appreciate your input.

But in this case, I think your dead wrong. KRY has a legal contract to mine, we have 16 to 20 million ounces of proven and probable reserves, a purported cost to mine, of 356 dollars per ounce, a projected capacity to smelt 300,000 ounces of gold per year. With the price of bullion rising inexorably, what are our ARBITRATION rights worth if we don't get the PERMIT, considering that we have fulfilled ALL our obligations, including paying the requested taxes and bond payment. If I were Hugo, I definitely wouldn't want to go to ARBITRATION. It's one thing to go that route with gold FALLING, but not WITH GOLD rising.

The Canadian Embassy response shows that the Canadian Government supports KRY and had informed the Venzuelan Government of KRY 's legal rights and it's absolute right of ARBITRATION.

This is a positive and PROVES Canadian Government support. It solidifies our position, far from a weak position.

I would like to see a copy of this RESPONSE from the Canadian Government Embassy sent to The Globe and Mail, The National Post, and Reuters, Bloomberg, Dow, etc.

I would appreciate opinions.