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

Free
Message: Today and last June...

"The only other possibility I can think of that would cause KRY to delay filing immediately is that they are trying to close a deal between VZ and CRRC to buy them out, which at this point amounts to more of a deal to payoff KRY from going to arb (since they don't have a MOC anymore). Or, alternately, a quick settlement without ever going to arb"

My response:

You have got to be kidding! What price per share do you think you'd be happy with on a buy-out!

Whatever figure you choose, I believe Arbitration would reward us in multiples higher even though it might take longer. The concensus seems to be that Arbitration would net us anywhere from 4 to 6 dollars a share!

Just what kind of a low-ball offer can KRY now obtain that will in two years equal the projected ICSID award if we win. I prefer to bet on the Arbitration award!

Under the current circumstances, Arbitration is our only hope.

Vlada

Share
New Message
Please login to post a reply