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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: Re: Can we make money here people?
1
Dec 10, 2008 12:04PM
1
Dec 10, 2008 01:51PM

NZRanger

I think $2-3 post permit is realistic given the political climate. Our chances to get permissions continue to increase as the economical climate worstens for Chavez. I think KRY would be in the best position to develop the mine itself given their time invested in Venezuela (Maybe with the assistance of a major). I think the current political climate prohibits a wholesale buyout by a major (too much risk), or any other buyout under $4 because shareholders majority prob would not approve it, but I certianly would think about it. Like I said before, best case secenario is to hope for a permit and then a regime change. Meanwhile I am going to try to grind out some profits.

2
Dec 10, 2008 02:31PM
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