Many of us have years invested in this stock. I know our hopes and expectations are high, and we'd all like to see the stock triple today, but we must be patient.
This deal changes everything. It has taken many months to reach this deal, and for us, it is a Company maker. Over the next days and weeks, the information will get out. Many institutions will view KRY as a pretty cheap way to invest in China Rail's newest project. I expect that a renewed interest even amongst Venezuela's more affluent investors may help bolster the stock. Giving up 66% of the LC project may be getting played as a negative, but IMO, a deal with any entity who has the clout, the capital and the capability to get this done is very positive. Hugo Chavez will deal with China Rail. The permit will get issued and we will get some decent valuation for our shares.
It doesn't matter if we close down today (which I doubt). Over the next few months we will be happy campers. I expect that the permit will be announced by month's end and I expect Chavez to soon start jabbering about his new deal to develop one of the world's biggest gold mines with his (and our) Commie friends!