Re: Last 10 days
in response to
by
posted on
Apr 03, 2010 03:25AM
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 can't see how they court even accept an appeal given what we know presently. I would think Kry will use Sanz comments as further evidence nothing has changed should the judge allow the appeal.
The noteholders are dead in the water. Their probably appealing to avoid a counter suit for filing suit in the first place.
You assessment is spot on. I bought a bunch of shares in the 70s and many more in the teens all because I believed not only in Fung but in the true value of Kry. If and I say IF we are truly on the right path to receive the permit the top end value is unthinkable.
What is a permit to mine 30 million ounces of gold worth? Once we are accepted by VZ to mine the door will be open for further projects as well. I have to believe out strategic investor knows the full story and wants to be part of the rocket ship when we take off.
Sorry if I'm coming off as too positive but when I spoke in person to RF last year I got a real sense that it wasn't a matter of IF but WHEN.