it seems kry had some news to tell the bondholders in order to get them to hold off until the end of july....i'm wondering if the reason had to do with hugo getting this money from the russians...if so, the russians are saying the money will be available in august.

hugo was very deliberate to say "safe investments with technology in gold/diamonds"...the articles i've read all mentioned jv's in kaolin, oil, etc. and gave dates when these projects would start...but no mention of a joint gold mining venture that i can find (except rumors from media).

is it possible that kry could remain exactly what they are (an operator) and ven could help fund the project with a larger portion of the gold going to the newly formed bank?

i dont know, this thing has my head in knots but it does seem that the russian money is in play....somehow....we should hear something soon