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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: SP

SP

posted on Nov 14, 2008 10:15AM

Given what has happened today I would suggest we approved the optiond for the BOD on Tueday. The options are set at $1.10 so management has to believe that the take out price of Kry shares is well north of that.

We have seen numbers like .80 a share or 1-2 RML shares for 1 Kry share. With management holding options at $1.10 I would guess we would see a minimum $2 a share but probably more like $2.50-3.00 which I could live with to end this saga.

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Nov 14, 2008 11:30AM

Nov 14, 2008 11:56AM
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