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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: How about this scenario

How about this scenario

posted on Jan 03, 2010 04:25PM

It was said in the Silver Dragon report that Robert Fung would become Chairman of Silver Dragon INC, if and when said company became listed on the TSX, or TSX-Venture exchange. That position could very easily be a stepping stone only, for his planned election as CEO of Siver Dragon.

Here's a scenario that I could live with.........Shortly after Silver Dragon Inc. gets listed, An announcement is made that Silver Dragon and Crystalex are merging, with Fung as the CEO. Now Crystalex/Silver Dragon change the resulting company's name to 'Golden Crystal Dragon' Resources. This new company owns 70% of the Chinese 'Silver Dragon Resource' company. That name is changed to 'Crystal Dragon Resources.

So now an ALL CHINESE COMPANY, with the CHINESE GOVERNMENT, owns the MOC to mine LC, and is given the permit to start mining LC ( and maybe LB too?).

The deal in the merger, or friendly 'take over' of Crystallex, results in shareholders of Crystallex recieving cash and a 1 for 2 share of the Chinese 'Siver Dragon' ( now named Crystal Dragon' ), and we are still involved with mining LC, and have shares in a Chinese Mining company to boot.

As well, we still have Fung....aaahhhh. That feels good.

Pen

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