Dendreonaire,

There is nothing wrong with my memory (so far at least) and your points are all valid, but have little to do with the issue I brought up.

My concern was why the big institutional funds who held a lot of Crystallex stock seemed to have dumped it just when the finance issue (which was a serious concern) seemed to have been solved. The buyers of the new deal will at least double their money in 5 years (20% interest pa for 5 years will do that) and could do even better if there was a decent settlement. They also get precedence over the common shareholders in the event of any problem. However if, as has been asserted here, the common shareholders could get triple the present share price in the same period, why did the funds seem to drop the common stock like a hot potato? There could be any number of reasons, all legitimate to explain this behaviour, and I was simply trying to get some rational discussion on the matter.

As to the value of the exploration, engineering etc.; that is not disputed and certainly it is a great bargaining point in negotiations as to the value of the claim. Unfortunately I don't think Hugo appreciates this and neither do many of his adoring followers. They seem to think that these deposits like LC and LB can be mined by a few guys with picks and shovels and that is all that is needed to unlock the riches of these huge gold deposits for the use of Hugo's glorious socialist revolution. The point that low grade high volume deposits like LC and LB require significant expertise, experience and capital to develop and operate profitably seems to have been ignored, and it is apparent that the value of the exploration, engineering and planning done to date by GRZ, KRY and those who preceded them is also unappreciated.

The fact that Crystallex's case is following GRZ's will be good for KRY shareholders providing GRZ does well. While there are some significant differences between the cases, the market is going to use the successes and failures of the GRZ ICSID case as it progresses to value the KRY market cap regardless of the relevance of each decision. These decisions will almost certainly result in trading opportunities in Crystallex shares, which is one of the reasons for my interest.