At the AGM Kry said they were working on a new debt deal but wouldn't announce anything until the deal was done. If or when a deal is announced would that not change the perception of Kry to other investors since someone stepped up with over $100 million or will people just assume these new investors got sucked in and didn't do their home work.

I'm sure most investors would agree with this but there is a segment of investors out there that do invest in these type of situations. Some of them might also be Kry type bondholders since many may have bought the debt when Kry was already in trouble.

dddThank you jimmijazz. Your experience in these matters are way over mine and it shows in these posts. My contributions are only made from papers i read from Vz and elsewhere relating to Vz and Chavez. My posts are based on my opinionated analysis. But many articles in the paper point to the future of Vz politics and perhaps our outcome. if you read enough of them you get a sense of the political direction. My market experience is limited.

For example today Chavez nationalized all gold reserves and production. What does that mean for foreign investors now? Including RML???

I'm out $100,000 and hoping to get most of it back in the end . I see i can get out at $11,000 today but what the heck i'm all in for broke or reward, which it seems many of us are. good luck everyone.

Anyone from New Port Richey? Going in Jan for 4 mo of golf. I'm a golf nut.