As far as going after other opportunities, I don't think that is an option. The cash KRY has is from share issue and contingent on permitting and mining LC. If they went another direction those notes would be called and the cash would be gone.
Whatever they do it must involve LC. I just think they need to do something to boos the share price or stop its death spiral.
50% jumps on permit announcements are rare and even at a 100% jump we are still under a buck. The further we drop the longer it will take to recover.
I believe strongly in KRY's worth, but it is becoming more of a long term hold than a short term opportunity before we see any price even close to what it is really worth. The general market misery is not helping things.
I think we all should continue to believe in the future value but adjust our tuimeframe that it will take to get there.