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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Re: The vennies play their hand!
posted on
Dec 15, 2008 06:49AM
dparge
simply put, RML does not have the cash to take on KRY's debt! They are not after the asset (LC), they are after the cash and then get LB/equip. for free. The bid is holstile because GRZ Directors have no interest in selling for less than cash-in-hand.
They are hoping to get GRZ for free through share dilution? What must GFI think?