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: Equipment Sold

From what I understand in conversations with KRY management the purchaser wanted to remain anonymous and not be associated with the Las Cristinas saga. So I'm assuming that removes the Chinese from the guessing game since they've already been publicly stained by the LC saga.

Also, if a refinance deal is made to keep KRY out of bankruptcy I'm guessing the stock will not shoot up more than ten or twenty cents from its current ten cents. That's a huge jump for those who bought in at current prices (so there might be big volume) but nothing to old-timers such as myself. Hopefully as arb progresses the stock will creep up to a dollar.

Why don't I think the stock will get above 30 cents on refi news? Because the market hates this stock and until Chavez dies (hopefully soon) I don't think that opinion will change.

I hope I'm wrong but so far.......

Cividale

Share
New Message
Please login to post a reply