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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Message: market on monday/ share reaction

gw, i think the problem is, what's good for management and what is good for shareholders with regard to arbitration is probably going to be two different things...

the value is there imo to finance arbitration or buy kry outright...the issue is, what happens to management in the deal?

my guess is that there are a few folks waiting in the wings to "save retail" when the time comes (hostile takeover situation)...it wont be a great return and management will fight it with everything they can but in the end i can see it getting very ugly... the upside is, i still believe there is enough value there for everyone even if/when the deal does go south.

hopefully we'll get a fair buyout offer of some kind before this happens.

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