oracle, your post is honest and deserves an answer....hopefully the guys will weigh in on this one....

my opinion is:

1st- dont believe a word you hear from anyone (especially an ex-ven official) when trying to interpret translated articles referring to mining...especially when the article does'nt directly mention material facts pertaining to LC or KRY...these articles are heavily planted and often are the cause of manipulation of the stock.

in answer to your question:"Is KRY awaiting a License and or Permit?"

in short, i'd say: "authorization to affect natural resources (the permit)".....

http://finance.yahoo.com/news/Crysta...

imo-the longer story is that the venz pretty much make this stuff up as they go along but a "license" at this time may affect GRZ more than kry...