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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Who is Haywood?

I just sent an e-mail to Kerry Smith the analyst at Haywood Securities that just lowered the price target.

I queried:

Curious as to your reasoning..........

Is it you don't see them getting the environmental permit or your concern over the "socialization of mining" concept?

He responded:

I figured the political risk was higher and to account for this I increased the discount rate. I personally think they will get this resolved but I may be too close to the situation.

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