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: Waiting it out
4
Nov 12, 2009 10:32AM

I don't think Venezuela waiting us out is a problem for them. They have been doing this successfully for years. They could have been mining LC years ago. Oil prices are up again and stable above $75/barrel. Gold prices will most likely be higher later so they will just sit on it for now and see how things play themselves out. I don't see the hurry here for them. They are definitely holding a much stronger hand to KRY and waiting is in their best interest to let KRY spend all of their money fighting lawsuits and paying management , MOC and company expenses, etc. I am a rational person by nature so I am going to be rational with this as well. Only the company can make me wrong which would be in my best interest. Long 32K shares at .71.

5
Nov 12, 2009 11:38AM
3
Nov 12, 2009 03:14PM
2
Nov 12, 2009 05:38PM
5
Nov 12, 2009 07:04PM
2
Nov 12, 2009 07:11PM
8
Nov 12, 2009 07:26PM
4
Nov 12, 2009 07:37PM
1
Nov 12, 2009 07:37PM
2
Nov 12, 2009 07:44PM
4
Nov 12, 2009 08:07PM
3
Nov 12, 2009 09:53PM
8
Nov 12, 2009 10:14PM
1
Nov 12, 2009 10:16PM
2
Nov 12, 2009 10:21PM
1
Nov 13, 2009 12:01AM
1
Nov 13, 2009 08:04AM
Share
New Message
Please login to post a reply