GW

Greetings from South Korea.

I was just reading some of the most recent posts.

Determining value by virtue of arbitration, Vz compensation, a takeover bid or even permit issuance is no easy task. I would suggest taking a look at the average stock option strike pricing to get a feel for what constitutes fair value to KRY management. Self interest is usually a good derminant in what gets accepted? Management will not be accepting a low ball offer. It will not be in their or shareholders best interest.

The Vennies understand that the quickest way to get LC up and running given the Environment permits, mine plans and equipment etc is through KRY. Look for Venezuela to give the nod to a 3rd party to make a move on KRY. This solves any arbitration issues and allows Chavez to partner-up with someone of his choice. Any takeover would not be via cash but by share issuance of stock in the 3rd party.

Anyway, I'm not too concerned about the outcome and picked-up another 100 K today on Toronto at .245

Cheers

Teutracker