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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: grasping at straws

grasping at straws

posted on Jan 07, 2010 02:17PM

Haven't done that for decades, but grasping for straws is at least better than hunting for a needle in a, well, a whole bunch of straws.

There is more than Silver Dragon involved with the play that Fung has joined. Yes, he's part of Silver Dragon, but as I pointed out in a previous post, between the Chinese Governments Huaguan Industrial Corp. (8%), and the private Gansu Shengda LTD., (52%), they own 60% of Sanhe Sino Top, which owns 100% of Inner Mongolia Guangda Mining, which has the 8 properties being worked on in China. Silver Dragon actually has only 40% of this play.

China Silver Dragon is not involved in this play. ( 70% Silver Dragon, and 30% Chinese gov)

So Fungs involvement with Silver Dragon could be to indirectly help the Chinese. Don't have a clue how this would be donnected to KRY, but between the two Chinese companies, there is plenty of capital to get involved in in LC, not to mention the Chinese Governments role. That's what KRY needs, and Chavez wants.......(obviously works in our favor)

Not sure whether or not this is a stretch, but somewhere, somehow, I think there will be a major Chinese connection in our resolution.

Pen

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