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."

Feel we could be setting up for a bit of a rebound. Will be using a very tight stop.

A few comments.

I think that all of the vet's comments were balanced, reasonable and accurate.

I do not share some peoples incredibly optimistic views on a billion or multibillion dollar arb award.

First the permit was a sure thing. Then the china deal was a sure thing. Now arbitration is sure thing.

I say bullsh*t.

Read the MOC. The contract covers 16 years at 20 TPD. Any more than that was optional at CVG's discretion.

That gives about 4 million oz's at 1 gram/ton gold. Forget about 20 million oz's or 30 million oz's. We had no guarantee of any extension or expansion.

If we get to arb and make it through we might see a buck a share.

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zwilzric
City
Rank
Treasurer
Activity Points
836
Rating
Your Rating
Date Joined
10/22/2007
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Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
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