"it's like a ghost town because there is absolutely NOOOO news.."

And "no news" at the PDAC. Why?

Is it because we are being set up for a "low ball offer" from the Chinese? Would Robert Fung really do this to us patient shareholders? I hope not!

I have just spoken to a Canadian mining engineer who attended the PDAC, spoke to Mr. Marshall personally, nosed around to see what he could find out.

He said there was no attempt to increase the value of the stock. There was no mention that Arbitration might resolve into a $4 to $6 award, as has been discussed on this board. Or that that Hugo Chavez has estimated there is now 35 million ounces that might be mined because of the increase in the price of bullion Without knowing any more than what he learned at the PDAC, HE TOLD ME THE FOLLOWING: He said he believes that the stock is being kept way below where it shold be due to the lack of any positive information from Management in order to soften up the stockholders for a "low ball" offer.

When I told him that KRY Management was headed by Robert Fung with wealthy Chinese connections, he said: "There you have it!"

Only time will tell, but I am beginning to think that he just might be right. Certainly I, and many others on this Board, have believed that KRY should have filed for Arbitration last June while we still had the money and assets to carry it through independantly. Now we would need financial backing from a third source.

The only question remaining is: Does anyone believe that we will get more than .32 for our shares the way pur present Management is handling the situation?

vlada