Welcome to the Crystallex HUB on AGORACOM

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

Free
Message: more rumors. little substance..canadian mining journal on rml "merger"

Re: more rumors. little substance..canadian mining journal on rml "merger"

posted on Feb 25, 2009 02:37PM

joe, the funny thing is that i cant see how a viable offer from rusoro could ever happen.....

in order to get a shareholder approval rusoro would have to come up with cash..

even if they only came up with $1 per share (i dont think that would cut it for a majority vote) you're looking at $300mil.....

it all makes for good speculation/rumor and talk but in the long run, i just dont see how it would be possible...

Share
New Message
Please login to post a reply