Frank:
What a day! I spoke with Richard Marshall today, and I too thought
that this was a lot of short-covering, but he was of the opinion that
there was a lot of buying as well. I personally bought back some
that I had sold (at a profit) at the open.
I hope that we do get some news of a concrete variety that can propel
this stock to a higher level. As I see it, we will get the first
pop (now, as a matter of fact) as the evidence points increasingly
to KRY's success in obtaining control of the Las Cristinas,
and then another major move when and if a major big brother signs
on for part or all of the deal. By then, I hope, we should be
in the double digits on this one.
(Off topic): Reviewing tonight's data I note that
1)Merrill Lynch has a bearish chart pattern, often a harbinger of what
the main market will do....draw your own conclusions....
2) Natural gas is about to take off, along with the energy sector.
Reminiscent of 1992-93, when natural gas took off, and energy stocks as well, and then gold began to shine again.
I am pleased to see this stock finally making it, for the many
patient shareholders out there. It hasn't been easy riding this
bronco!!
Regards to all
Dan |
