being prepped for a low ball bid?

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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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finance kid

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being prepped for a low ball bid?

in response to

Re: I'll take anything under .10....

Optionsgal

posted on Feb 07, 2011 10:11AM

I remember when GRZ was denied the construction permit/environmental permit, and then Rusoro came out with a crappy offer.

Who knows, maybe we are being slammed for a low ball bid. maybe someone wanted us on the cheap, but fung wouldn't budge below a certain number. maybe this is a way of softening (killing?) us.

lots of maybe, what if's, and guesses. I think the company has to start talking to us, and fast.