Re: Looks Like it Was Not a Paint
in response to
by
posted on
Jun 09, 2011 11:31AM
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
We only agree to a certain degree. It depends how far one goes with the possible positive outcomes. Is it a 4.00 Chinese buyout? 6.00 arbitration award? 3.00 Vz buyoff? .75 cent buyout. .50 cent buyout? Which one to choose.
Do you remember when I first came on this board and was accused of blowing smoke the wrong direction in the wind and accused of bashing in fine style with some of my possible outcomes, one of which was I wouldn't put it past Vz to find a way through the contract to cancel it by force majeure if they really wanted to? Well, here we are. I didn't really think it would happen(especially after the China JV announcement last june) but was open to the possibility because nothing is sacred in this crap hole of an investment related country, nothing. So be careful of possible positive outcomes.
The only positive imo at this point is the arbitration and its outcome which is IMPOSSIBLE to put a dollar amount on.
Anything else such as Chinese, Vz, or any other related party buyouts or settlements are pure coffee table speculation without anything to substantiate them before posting such things. Fung going to China just doesn't cut it in that regard. Anything can happen at this point. I'm following this to the end with what shares I have just because of the story and curiosity, but it seems like a coin toss at this point.