Re: Cash Position
in response to
by
posted on
Jan 06, 2010 11:42AM
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
I do. I see a merger in the works. Why buy out of this thing when for a stock swap and the ability to cut back the expenses a suitor would be able to not only wait this thing out but not have to spend too much cash. At that point, the "CHINESE" play will get their mitts on this field when the regime is changed and then a more supportive player opens the doors to investment. This socialist state is done, stick a fork in it.
IMHO