I have closing volume for GRZ of 2.7 million shares. I think people realize there is value in arbitration but only GRZ keeps their shareholders informed.
Part of the key is that a company who files for arbitration must remain solvent throughout the process. GRZ has enough cash to see it through arbitration.
I think that is why the price has doubled and there is recent interest. GRZ is the better play from a public awareness perspective.
I actually believe KRY has the better claim and the better chance in arbitration but they do not have the cash to finish this quarter let alone the arbitration process. KRY is pinning its hope on getting a settlement from VZ before their cash runs out.
Our share price is low because the only thing we know is that cash will run out this quarter and KRY does not feel it important to tell us what they are doing. GRZ has been clear and specific on what they will do.
Fung may be the great business person everyone believes, but he better start showing us something. I have put my financial future in KRY and I am really starting to get anxious. I made a purchase of GRZ in the .50's and sold when it broke $1 but my main investment is KRY.
I am frustrated by the lack of information we are given.