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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: Possible takeover targets? Who? How? When? Where? What?

Re: Possible takeover targets? Who? How? When? Where? What?

posted on Sep 20, 2008 11:45AM

Most of what you say could be deemed technically true but some of it has somewhat of a negative slant toward Crystallex.

(ie, "KRY has been taking this step.")

The reality is taking should read taken, as in past tense. Letter on August 22 confirms I am correct.

You indicate that Doug is spending time trying to convince VZ legally Gold Reserve is correct. Do you really want to hang your hat on "legally" correct? I would not.

I firmly believe Gold Reserve will modify their agreement or they will be fairly compensated for their concession. Fairly will be determined closer toward Chavez's definition than the market but compensated well enough to get their sp up significantly from yesterday's close.

IMO, Crystallex is on the verge of moving forward very very very soon.

All should remember this is not a contest between Gold Reserve and Crystallex. I own Crystallex but I wish GR the best.

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