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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: A recap
4
Dec 20, 2008 10:32PM

Re: A recap

in response to by
posted on Dec 21, 2008 04:58AM

"Agapov has said that both Las Brisas and Las Cristinas can be had
for $100,000,000. He has offered GRZ about $50,000,000 which leaves
about $50,000,000 for us."

RML seem to be run by rookies, no serious negotiator show their hand
this early in the game low ball or not, all GRZ investor first has
to ask themselves, if I had $1.08 in cash will I buy 3 RML paper
shares, the answer certainly will be a resounding NO, they then have
to ask given the true paper value of their shares without the Geo-
political risk and permit issue on the very low side I will place a
guess at$5.00, will they give that up to aquire 3 shares of RML at
$1.67 per share, again a resounding NO given Rusoro financial, (see
filing on sedar http://www.sedar.com/FindCompanyDocu... ) their
asset are depleted mines brought on the high where they overpaid in
Vn starting with Mena, GFI and the worst deal possible in mining
history Helca way overpaid then had to give up 50% for free to Vn
what real business manager for a publicly traded company do that AND
keep his job, unless large shareholder is management and their is,
where is the accountability, the corporate governance, who is looking
out for the small investors interest here, their sleazy management
with tons of insiders compensation, RML is as bad as it gets IMHO
give em the boot says No NO NO your chances in court is better than
letting these KGB thieves win on the cheap

5
Dec 21, 2008 05:33AM
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