All these headlines that we all have been reading and speculating on, as i have said many many time is mostly BS.
This new gold pricing law is something KRY can live with and still make a profit.Without going into it in lengthy detail, Kry can an will make a nice profit. Keep in mind if the permit was granted today no gold mining for two yrs. The contract is for 40 yrs, will Hugo be around 5 ,10, 15, 20 yrs from now?? The political environment may be much better in future yrs.
This may help some of you. Rules of business---- STAY IN BUSINESS AND THEN MAKE A PROFIT!!!
There are some on here that don't like what management is doing!!! I say to them sell and move on. I for one feel " OUR management team is doing a perfect job"!!
Things may not look that roses right now, I feel things will change in the next 1-3 weeks. I don't have any more new facts to back up my future actions, but i am buying at .30 and under!!
The Russians,they want anything they can get on the cheap right now and like most companies will do almost anything to increase their position in VZ.
If you have a specific question pm me and i will try to get right back to you. Keep in mind this currency thing is not going to affect KRY's profitability to where they can't make a decent profit, that is a fact!
BOSS KENT
P.S. one has to ask the right question to get the true facts !!!!