Congrats to Bob Fung and company for making a deal with the Chinese and thus avoiding bankruptcy.
Clearly this is positive news (the first in many years) but the lack of permits, and the fact that Chavez still controls Ven, is still holding us back. Hopefully the permits come soon but it's doubtful Chavez is leaving anytime soon so I think the big money is still staying on the sidelines.
I don't think Chavez will screw the commie/capitalists but until permits are issued and shovels are turning we may not see this stock get to where we want it to go.
It's a tragedy that KRY had to give up 66% just to stay in the game and keep out of bankruptcy but that's the reality when you do business in Ven.
For the time being I'm holding on to my 300K shares and I'll see where this goes.
Cividale