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: My Take

Facts:

CREC's mandate to increase the gold reserves.

Gold market in an uptrend.

LC is a very rich deposit

VZ needs Chinese money.

VZ's good relationship with China.

Speculation:

CREC will not let go an opportunity to mine LC.

Small possibility to get the MOC restructured to JV Company, CREC/KRY and let the deal proceed.

Unlikely that VZ will let CREC mine LC without letting CREC take care of KRY. It is good to have a price tag of 3.8B$.

Buying may have started already...with close to 70M shares over the past 2 weeks and we are going to find out real soon. I truly hope that it is not less than 2B$ range after all these years of twists and turns. It has been a good fall to find out where we stand.

The Best to my fellow shareholders that we get to celebrate soon.

Share
New Message
Please login to post a reply