Agoracom: Small Cap Investment - Crystallex International - CRRC likes KRY to the tune of 20%

Crystallex

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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zenmaster

zenmaster

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CRRC likes KRY to the tune of 20%

posted on Jul 24, 2010 04:40PM

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I like the fact that CRRC is not only forming this JV with KRY but also wants KRY shares.

From the June 7th PR:

"CRRC shall have the right to maintain its pro rata equity interest in Crystallex to a maximum of 19.9% of the outstanding shares."

Apparently CRRC has a lot of faith that Kry's shares are going a lot higher than 40 cents, and we all know that too.

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