Gold Reserve and Crystallex, as companies vary in so many different ways - from the defined resource base, ore body, size and type of mining plan, original financial structure and capital base, also in terms of a history of mining in Vz and their current status at ICSID. GRZ has worked on alternative potential mining JV's while KRY has positioned itself with the Chinese so in light of GRZ's other efforts it doesn't surprise me that they were able to maintain their Amex listing. What is good for the goose is good for the gander but to claim in light of news concerning Amex that they have better management just makes no sense. It is an illogical conclusion, one which I don't support. That's not arrogance that's just an opinion but anyway Don-wys you just like to argue so what's the point in wasting anytime with you.

The private placement details are public knowledge and assuming we are able to close the 120 million in the coming days then the company will be better positioned to go forward. Post financing the % share in any potential award/settlement going to the new investors would equate to a npv per share of approx. 60 cents.

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