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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: Sarraf Gentile class action - A look at the law firm

Re: Sarraf Gentile class action - A look at the law firm

posted on Dec 08, 2008 08:37PM

My opinion.....KRY has better lawyers to fight VZ's breach of contract that will yield a better price tahn we had prior to April 30th than any lawyer could get in an SEC suit. I have been party to 3 suits for similar issues and have not collected a dime. I consider my losses as part of the cost of speculation. I never counted on any of the unsolicited "class action participant". One of them was far more clear that the company lied about future prospects than we have ever seen with KRY so I doubt this will yield anything. KRY drops every day on its own and while I think we will still see drops daily I don't think it will be because of the lawsuit.

At some pount we will see the legal resolutionspeculation valuation since the permit valuationseems to be out of the picture. That should still boost us up more.

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