"How anyone can see this as a negative is beyond me".

Well, this stock is down almost 5% since the price BEFORE this "positive" news came out so SOMEbody must think it's negative news.

And I'm thinking they think it's negative news because LC is still in Ven and Ven is still ranked as just about THE worst country to invest in even with the Chinese as your partner.

This deal, if it goes through, keeps the lights on at KRY, but I think the big money people were hoping for a buyout so that KRY would cash out with some decent amount of money and get the hell out of Ven. GRZ went up 24% because investors are hoping GRZ gets the buyout that KRY didn't get.

Now it looks like it will take many more painful years in the jungles of Hugo's ego to make any money out of this at all. Not the pot of gold that was promised. Just the pitiful price of doing business with Chavez.

If the deal is done, and if a permit is actually granted, the price should inch up but the big money boys know they don't need to chase this stock and push it higher. They can just nibble away at it and acquire the shares they want well under a dollar.

If you've been in this stock as long as I have you can only look at today's action as expected and pathetic.

Cividale