Hey EZ,

You have been going on about the GRZ "T bill" account for a while.. I would have thought that even you should realise by now that a few "T bills" in the Crystallex account would have meant that they wouldn't be in the jam they are now in.

If you really think that the KRY management's scheme to piss away the little money they had before they went for arbitration was smarter than GRZ's plan to keep it in reserve and allow the arbitration to be financed properly and with plenty of time and cash in reserve, then I am sorry for you. You certainly don't have a grasp of business reality.

If GRZ gets just half of their claim then shareholders can expect a $14 a share pay out. The convertable bond holders win also. GRZ intends to pay the bulk of the settlement to shareholders in the most tax efficient manner possible. No, they won't be mining in Venezuela, but they still have all the critical data in their possession (it was not required to be disclosed in detail for the permitting process) so that gives them an additional lever in settlement or even after the ICSID makes their ruling.

I'm very sorry for the rest of the patient KRY stock holders who got screwed in this deal, and hope that something can be salvaged for the stockholders. For you EZ, your continuing banging that worn out drum as to how much better KRY management managed the situation compared to GRZ's management sounds as hollow as it ever did.