KRY has always been consistent that they will eventually get the "Permit". The Companies approach on "making waves" after mining in Venezuela for some time has been simple ....... DON'T.

KRY past experiences has shown that things can change very quickly Politically and economically, by the stroke of the pen. The truth of the matter is Officially nothing has changed with KRY's position with the Venezuelan government and it's contract to mine LC. Posturing by GRZ and RML is just that, posturing as they see some adversity in their future mining possibilities in Venezuela. We on the other hand apparently see no problems as of this date. This is not to say that we are immune to changes brought about by Chavez's ideological program. IHMO, if we fit we stay, if not ........................... ???

gjt