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: Voting

Voting

posted on Nov 14, 2008 07:40AM

1 month ago I was thinking, no way vote them more options. Managment has underperformed to this point. We have never had a clear view of the situation.

Now with our shares worthless I say lets give them something to work for(options). We really have nothing more to lose and everything to gain.

However If we get no clarification after the elections and before the New Year we should consider liquidating the board, and selling off the company assets. The current board sounds like they will run the tank out of gas fighting this thing. They should be stream lining our operations. I would say this was their biggest mistake. They should have hundreds of millions of of cash right now instead of 43mil. Even still 43mil could last us a lot longer than 9 months.

Just my opinium,

I bet there are enough shares viewing this boards to make the changes recommended.

This is all based on the asumption that management is aa clueless as we are. I think we have all been hoping they has a little more insight as to what is going on down there. The longer I own the stock the more I doubt it.



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