Re: BIT, Polyus and KRY
in response to
by
posted on
Sep 19, 2009 03:39PM
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
For some reason I think I remember (in GRZ's last conference call) Doug B alluding to "the end of October" time frame for the last glimmer of light to go out on hope in Vz. Perhaps it is just selective memory or reading between the lines. At any rate....given the situation, I wouldn't be surprised to see a combined take-over deal of both Las Crastinas and Brisas...and perhaps other properties as well by (we'll go with Teutracker's theory) Polyus. As far as "Doug said 5 Billion" and "Bob said 2 Billion"....these are just talking points in my book. The final offer, presuming it comes, may not be close to either number. My guess is that Fung is closer to market value (such as it is given our situation) than Doug B.