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."

almost 14 years ago

in response to cantjustread's message

i'm seriously wondering if hugo is helping the chinese try to drive the PPS down (especially the 20 day average)

our partners in the CRRC have got to know what the real story is...

Yeah...so much for the 40 cent "support level". If Hugo is helping the Chinese by driving the shareprice down, we should continue to see downward pressure (courtesy of 'official' disinformation?) even after the deal closes so that the Chinese could pick up cheap shares on that "20 day 'post close' moving average" clause in the Primary Agreement. I don't see how this would be possible...unless KRY agreed to be mum on shouting the good news from the top of the highest mountain.

On the other hand...if we were to be offered a buyout....driving our shareprice into the ground ahead of time would make any low ball offer look better.