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: Re: how intriguing...
4
Apr 16, 2011 10:03AM

It doesn't make any difference what anyone posts here any longer. Nothing we do is going to change the fact that we are mostly all deeply underwater in this AMEX/Pink Sheet investment and only time will show if we get our money back and then some for a select few. Many of the Hub leaders don't even show up here any longer to post a thought. That would tell me that they are moving on. The rest of the stragglers that hang on to every word just haven't come to the point of excepting their current position. That position being that we probably have enough money to last out the year and then December comes and we find out what the bond investors position will be. This is like no other place in time in KRY's history. Back in the '90's there was plenty of spec money floating around all the way up until a few years ago. Now with QE2 ending at the end of June and the USA required to stand on it's own two feet we will see a refreshment of the never ending recession only with added inflation. The spec money has dried up and only high quality investments will get their capital. Outside of that we have at minimum two years if Fung can get the funds necessary to pay off the bondholders or come to a new agreement and support the company through a collection process. Next to no information will be coming out of management that will affect the share price for some time. They can't afford to give any out due to lawsuits that will follow that trail.

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Apr 16, 2011 10:41AM
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Apr 16, 2011 10:45AM
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Apr 16, 2011 10:58AM
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Apr 16, 2011 11:52AM
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