Re: greywolf

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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krymeariver

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Re: greywolf

in response to

Re: greywolf

RedRock

posted on Feb 11, 2011 03:22PM

RR,

Not sure I understood your question the way you phrased it but Greywolf reported their holdings as of Dec 2010 when the stock was going sideways in the .30s range so from that price range Greywolf took a 50% hair cut. Not sure they would have added 13 million shares to their position if they knew what we know today. They had to be relying on managements double talk as well.