Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

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Re: LOL

over 14 years ago

in response to osmo's message

From what I read this deal will not be done until August even then it won't close until 3rd quarter.

It sounds like a lot of steps need to be taken between now and deal close. Who knows what can happen. So, it looks like good news but really we only have the 50K feet view of the deal.

How many years before the mine can be built? No permit yet.

How many years of production before KRY is in the black after paying debt and liabilities?

What could happen politically in Vz? What was promised to the Russians? Could this be a head fake to get KRY to void their MOC?

In the end... action will move this stock. That action can't start until the 3rd quarter.

Perhaps Chavez has tweeted something about this deal... (lol)

BTW: I doubt that Cramer will talk about us tonight... I'd rather hear from Bill Cara on what he thinks.