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

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Message: Re: SAVING MONEY
13
May 02, 2013 11:31PM

Great outline showing the Ugly Truth about commons being revoked.

Saving money? This was an SEC enforcement action. Being revoked was not voluntary and has absolutely nothing to do with saving money. Funny, about saving money, right after the February suspension, Crystallex paid (about $40k) to file late SEC filings of their financials. Plus, everyone already knows Crystallex management has no problem with their lucrative self-compensation. Seems actions speak louder than the speculative cost cutting diversion.

Interesting reading the ongoing excuses and continued defense of Crystallex actions, past and recent. Amusing, actually. Liquidity is the greatest asset a shareholder has. Or had, in this case. Being revoked is the absolute worst thing that can happen to a stock. Those saying losing liquidity is no big deal, only fool themselves. They promoted this play enticing others to average down, only to now completely lose that greatest asset for those they, "tipped."

No Doubt, the faulty reasoning and excuses, of how being revoked is wonderful, will continue.

Great outline. You have horse sense.

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May 03, 2013 12:00PM
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May 03, 2013 12:39PM
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May 03, 2013 06:46PM
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