posted on
Oct 28, 2007 04:25PM
Given the impending finalization of the New Mining Law, the impending permit approval and the persistent Polyus rumors along with VZ's fondness of Russia and KRY's interest in being purchased...it is not outside the realm of possibility that the permit\buyout could happen in "Wham-Bam-Thank-You-Maam" fashion. This fits in with your observation regarding the apparent suppression of share price. I have cancelled all of my sell limit orders (even though I really need the $$$). I'm putting my faith in Jim Sinclair regarding the future price of gold which he feels will be up, up and away. I feel playing the pop may be short-sighted. Just a thought.