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

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Message: KRY = Dead Money

Re: KRY = Dead Money

posted on Nov 25, 2009 10:47AM

I totally diagree that the price of gold doesn't mean anything to KRY. It may not move the stock but it absolutely plays in to any settlement agreement and makes an arbitration case that much more costly to VZ. If KRY is forced in to some 51/49 split or some other JV with VZ or other entity, then the share we are losing is reduced because of the price of gold rising. The troubling part is, why doesn't the rest of the market see that? Are we blind to something or is the rest of the market? So far it's been us on the losing end.

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