Anyone know why KRY is up today?

[spanky]

It's up about 20% right now, but I cannot find any news that would drive this. Anyone got an idea?

[Svenwulf]

grz permit approved.

Brisas Receives Environmental Approval and Construction Permit
Wednesday March 28, 10:49 am ET
SPOKANE, Wash.--(BUSINESS WIRE)--Gold Reserve Inc. (TSX:GRZ (http://finance.yahoo.com/q?s=grz.to&d=t) - News (http://finance.yahoo.com/q/h?s=grz.to); AMEX:GRZ (http://finance.yahoo.com/q?s=grz&d=t) - News (http://finance.yahoo.com/q/h?s=grz)) is extremely pleased to announce that the Venezuelan Ministry of Environment (MinAmb) has approved the Brisas Environmental and Social Impact Assessment (ESIA) for the exploitation and processing of gold and copper mineralization. As a result, the MinAmb has issued the permit or authorization for affecting natural resources for the commencement of the construction phase of the Brisas Project.



its posted in yahoo.

[spanky]

Aha, a sympathetic pop... thanks Sven

[madcowdisease]

Gold should be up today as the market is feeling the inflation bug with Fed speak and the fact crude was up big on anxiety out of Iran. As oil goes up so do many goods, anything that needs to be transported, and anything containing plastic. Look at PG. It got hit on the bounce in oil. I personally feel it's unwarranted but ths happens everytime oil goes up. Gold is a hedge against inflation and stocks in this sector should outperform if oil continues heading higher.