Re: Now I'm a Bit Suspicious....reply to OG, round 2

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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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Todd675

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Re: Now I'm a Bit Suspicious....reply to OG, round 2

in response to

Re: Now I'm a Bit Suspicious....reply to OG, round 2

Lurker151

posted on Oct 22, 2010 11:36PM

Ian and Lurker: I agree with Ian's assessment.

Options are all about future expectations, and either protecting or taking advantage of those expectations should they come to fruition.

Lurker: the problem with your argument is that from where you stand right now, KRY looks like a bad options trade. But no one knows what will really happen if/when the JV and permit happen. PPS and future expectations of that PPS, which would then be tied closer to gold, could be far different than they are now.