RE: takeout ..KRY drops -52.8%I'd like to think this sets the stage for a very inexpensive take out by RML of KRY, similar to asset purchase/takeover from Goldfields(although that was not inexpensive, it was the same idea..."you(Goldfields) are not developing this mine") But picking up 13mil ozs of gold for around 300mil $$ would be sweet.
Why else would the permit drag on for years when it was clear there was nothing else standing in the way. Chavez wants the gringos out of the picture. He is obsesssed with Anti-American attitude. RML, being basically Russian owned, is an alternative. Now stockholders wil be happy to vote their shares to the merger/takeover. I would. Its should be very obvious by now that KRY is going nowhere with this.
The alternative is we are screwed.
bj2