EZ, ah the breath of fresh Lake Ontario air.

Spent many an evening at the Palace Pier and The The Old Mil.

It was nice to see the stock finish higher, but in the last minute, is questionable.

Considering all of the negative member posts it looks as if they know we have caught on to their game and a few decided to show us it aint so. For now..

Having said that I do not believe Chevez has any intentions of issuing anything until Gold hits the $1600 level. Reason being he can then justify his Nationalistic views for Venezuala's retaining 51% of the new J/V agreement along with making it more worthwhile for the eventual parrtner. I believe that this is his royalty fiqure. Along with keeping the Chinese on side. Whether they try to buy out KRY to obtain the engineering is a subject for contention. I would think that as long as KRY still has control of their key personel that they would not move in this direction. However if they did, it would be a far more interesting deal for China.

The question remains as to whether they will try and buy out KRY. We have all of the necessary engineering but China has the bank roll and if they can aquire the engineering from KRY I feel they are quite capable of running this on there own.

China may also be trying to get their hands on our neighbors Las Brisas resources. They may be playing hard ball here as well. Remember they have Venezuala on their side.

These contentions may all be holding up final agreement as both Venezuala and China cerainly have control of the majority of cards. They have a different understanding of what "WE CALL BUSINESS"

Chevez appears to be on a tear to Nationalize everything possible and we had better believe China is their partner.

These are just my opinions and I trust that these parties renew my trust in their business ethics. However from what I have seen to date my heart goes out for the shareholders of the oil companies and others that Chevez has nationalized.

Yes its to China's advantage to own Venezuala's resources and I do not believe they are not prone to doing so with partners.

Sm