Re: kry files audited financial statements and MD&A
in response to
by
posted on
Jul 16, 2012 02:44PM
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
Funny how a BOD has to be paid 30K a month when he's been hired as a BOD..... You'd think his direction or expertise is meaningless at this point as we await the verdict.
Plus to spend over $21 million in the last 6 mos. makes me think unlike many of the callers to RM that we will need additional capitol to move to the final conclusion unless a miracle happens ...I.E. Hugo passing, Caprilles wins and CITIC makes a offer...or all the above.
Right now the only catalysts I see are GRZ settling the arb case and getting a award paid in full by Vz.
As you all can see I am a bit jaded by todays event and to me the potential re-listing may mean for some a + but as I see it it's a vehicle for further dilution. Plus , reigning in the spending to the tune of $500k or less a month would only soothe my sense of another round of capitol raising is not far behind us...till then I see further draw downs of our money to stay alive.