Welcome to the Crystallex HUB on AGORACOM

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: I am not going to give advice

In my opinion, KRY's management has to step up now and response to all of us. Although it backed up to 0.4 afterward (still down a lot from previous close) but it did hit 0.27. KRY has cash per share ratio of 0.21 and the company is buring cash without much of other operation. If there is another hit like the 0.27 drop, I personally believe we are better to liquidate the company and everyone get a piece of cash, sales of CAPEX rather than just sit and wait. Probably 60 cents.

Yes, there is a lot of upside, but KRY has no ability at react any hit at this share price level.

0.27 is a very scary number becasue it almost hit the baseline (cash available per share).

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