posted on
Nov 15, 2007 10:23AM
Has anyone had any communication with RM to get his opinion on the latest results and downgrade. I do know he will only pass on the obvious in as much that he is disappointed and that they have met all the conditions to have a permit issued and they see no reason as to why the permit has not been received as of yet. While I am struggling to maintain my position in KRY I need to remind myself the reasons why I am hear in the first place. We all know of the geopolitical road blocks and if one feels comfortable that the permit is just a timing issue (albiet a very long and trying timing issue) then staying the course makes sense provided something happens very soon. (it has been 5 months...) If one believes otherwise, and I do not blame anyone for thinking that way, perhaps it may be time to review one's decision to be in KRY. It would be a shame to have a permit annoucement and miss any potential appreciaiton; but if the investment is not working as planned then a re-evaluation may be what the doctor ordered. I am still planning to wait a bit longer, but I am getting close to moving on and will need some kind of sentiment change very soon.