Hi Martin,
I believe your concerns are justified. As a long time observer of this soap opera, and one who has yet to invest a single dime, I would agree with you that there are just too many unanswered questions for comfort here.
My background is in psychology, not mining, so I come at this from an entirely different perspective than some of the others who post. To me, this stock is a fascinating study in promotion and psychology. I've never seen one quite like it. On the one hand we have the "longs" who don't believe anything they read unless it comes from the company or one of their boosters (Carson, etc.). On the other, the "shorters", some of who seem to enjoy giving and taking abuse. Then there are a few of us who have no position and only follow the story for its entertainment and education value.
From my perspective, the rational thing to do is believe nothing unless it can be verified as fact. Everything else is just opinion. And there are precious few facts available on which to make a decision regarding KRY. The thing that I find most disturbing is that many investors on this thread are basing their decisions on the statements of other investors, newsletter writers, promoters, etc. If you were to simply ignore all these comments and focus instead only on what you know to be true, would you still invest in KRY? In fact, if you were to base your decision solely on what is contained in KRY news releases, would you still invest in KRY? It's interesting to note that much of what is taken as gospel here has never been stated by the company in an official news release! How much of your decision is based on fact and how much on unfounded speculation?
Something in the story presented by the "longs" on this thread still strikes me as fishy. The knee-jerk reaction to anyone who disagrees, the distrust of the mainstream media, the blind faith in Roy Carson, the abuse I get every time I post an honest opinion - all of these things strike me as symptoms of mild paranoia at best and cult-worship at worst.
The gap between what the promoters of KRY are saying and what is contained in this latest StockWatch piece is just too wide for comfort. Someone is lying. And since I am not privy to inside information, I must go with my instincts, and at this point, my gut feeling still tells me that this will not have a quick and happy ending as Mr. Charters and others would have you believe.
Cheers to you and good luck. |
