I have listened to the Vheadline Newshour broadcast from this past Friday and I admit I did enjoy the content of what was reported. IF not for being in this situation before (ie. Permit to be released only to be some other announcement that is a set back) our SP would have soared into the stratophere. That is why our SP on Friday did not burst upwards and that is because no one really believes what is coming will infact come.
OK, what are some of the comments said by Roy Carson, Glen Clark and Don MacKay;
The permit IS going to be issued; the permit WILL be issued; the permit is DONE and DUSTED; EIS has already been concluded and in the process of being issued; permit issued over the space of the next few days - currently by the end of next week; everything has been done for the permit to be issued.
One comment and developement that was of particular interest is the amount of measured indicated proven/probable reserves where KRY say it is 16.9M oz and Minister Sanz says it is 21M oz and that a statement is to be issued reflecting this change. Humm that would be interesting. It was Don MacKay who says the current SP is based on 1.0m oz in the ground and if one wants to extrapulate the math our SP should be much higher and IS only waiting for the permit issuance.
Anyhow, regardless of how you feel about Carson the broadcast is worth listening to.
Folks, I am trying not to get to excited as like most of you have been here before only to be rejected, but I am feeling something very big is on the brink AND the market is signalling the same. Good luck to all. It is coming and we will all be vindicated....