Re: Crystallex Reports Q1 2009 Financial Results
in response to
by
posted on
May 15, 2009 02:33PM
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
Just some of my thought when the deadline to file arbitration is coming.
How many peoples here want this thing to go to arbitration? I am one of it because I think it will eventually turn into cash settlement.
In other scenarios, permit, I think we will stick to deal with Venz for long time and investors are concern with political uncerntainies, so our price will go up to certain degree (1-2 I think) but never to a reasonable level until we actually generate profit out of the ground and record it as cash on the balance sheet. In the buyout scenario, I think the price might come as double of the current stock price but far from the real potential of the stock