I have got to believe that if a JV with China is created and if a permit is actually granted to mine LC that KRY's stock will rise. That is why I continue to hold this stock.

But I agree with GW and others that KRY's pps will be hugely depressed (probably under 5 dollars) as long as Chavez is in power and I don't see that changing anytime soon.

The only thing that would probably change my position on that would be if this proposed JV gobbled up other properties and KRY was the miner (possible, but doubtful) or if Cramer and others hyped the stock on TV without major caveats included. And I've already stated my position on that remote possibility.

With gold at $1,300 and KRY at .38 the market has spoken and positions have already been taken.

Cividale