Thanks for the quick reply.
Yes, I did have full read access.
But I went to the directory and changed the settings to include group as well as user for read and write, and made it recursive.
I again ran "gpg --with-fingerprint patrick.asc".
Then I got:
gpg: WARNING: unsafe permissions on configuration file
gpg: WARNING: unsafe enclosing directory permissions on configuration file
gpg: can't open `patrick.asc'