There will be some who bail when they see a loss but mainly because they did not know why they bought in the first place.

I'm a trader (not professional), and here is what I look at:

Specualtion stocks - This is KRY. The reason people buy them is because they are a gamble and usually have negative earnings...but there is a "catalyst or event" that is possible which can propel the PPS much higher in a short time frame. You buy the stock for the gamble on the catalyst and really no other reason. When it occurs, you sell and take profits and don't care about earnings. For now we know KRY's "catalyst" is the permit. There will be others later, but for now it's the permit.

Trading Stocks - This will be KRY with a permit. Fundamentals are considered but mostly the short term direction (I'm a TA guy). I would play things like earnings very much here buying rumour and selling news (or the opposite). We will see a lot of volatility post permit as traders get in and out, short and cover, etc. Many will hold for a possible buyout and more institutions will look at the fundamentals.

Investment Stocks - Earnings and fundamentals are critical. investors big and small will look closely at the earnings and all that is written or implied. Long term gain is the focus and the costs, price of gold, deposit size and other things will weigh heavily.

To answer more simply, earnings really don't matter right now as long as there is the chance of a permit....except to the point that KRY has enough cash to get to that point, which so far we have seen that they do. It all depends on one's goals and reasons for buying, but truly right now I doubt I'll be at all moved by them.