1. Does KRY REALLY have to wait until May27/09 to File for Arbitration or can this be expedited without endangering our MOC or our legal rights?

The price of gold keeps going up, but our pps is being supressed. And KRY Management just watches. By May 27th, gold will be hitting 1000 or higher and our pps may still be in the tank without having received any "clarification" from Hugo or Sanz. This would put negotiations by KRY AT A DISADVANTAGE, IMO. Opinion, please.

It seems to me that KRY should have filed for ARBITRATION immediately following the negative from Ortega's MinAmb (Ministry of Environment)in April/09.

Vlada I disagree with you on Kry seeking arbitration immediately after MinAmb denial. The best thing any company or person can do is follow legal remedies as laid out in contracts. By staying with the time frames allowed, Kry has not breached any part of the process.

Another problem with filing for arbitration back in April is it would probably have triggered the bond holders action much sooner as arbitration is designed for when no resolution is possible.

IMHO, if Kry believed they were done they would have become much more aggressive in their actions. While Kry and Richard may be in the dark about what is happening, I doubt that Fung is in the dark. Anything communicated to Kry through official correspondence would have to be made public.

I hate the wait as much as the rest of you but with only 4 months left in the 6 month resolution time frame I can wait a little longer. When you've been hear for years, months seem like a small time ti wait.