Re: Kry Holders
in response to
by
posted on
Oct 16, 2009 04:51PM
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
But with June 24, 2009 option grant, he can own another 2,190,000 in matter of seconds via electronic trading. With that kind of opportunity, why pay now?
According to people like Jim Sinclair, John Dooty, Jim Puplava and many, many others well versed in the gold business...the reason why they should "pay now" is that it demonstrates a confidence in the share value of the business going forward. These people state that gold juniors where management is loaded up with options and have no real skin in the game are not preferred to juniors where management is well vested with their own money. Makes sense to me. Would it make me feel better if we noticed a spike up in insider buying of this stock tomorrow? You bet it would.