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."
in response to iamthetaxman's message

And let's just say that a couple of years ago Bob decided to pull the plug. Where do you think we would be today? I will tell you exactly where - $.09 per share or lower and with a CRAPPY arbitration case because we would have been the ones to have essentially walked away from a valid, binding contract.

The longer, steady course is a royal pain in the a$$, but in the end it will prove to have been the right choice.

That's right. Bob played it perfectly. He could not have filed for arbitration a moment earlier. Because VZ was holding up their end of the bargain right up until Janurary 2011. In fact, VZ could have waited silently another 10 Easters before they issued the permit, despite the fact we have been in full compliance with the contract. Had we filed as soon as Ortega ran her big mouth off, we would have violated the contract. Because she was just kidding.

Very simple: KRY in compliance. VZ issue permit. Should have happened years ago.

Please login to post a reply
Italian Hotdog
City
Clinton
Rank
Treasurer
Activity Points
933
Rating
Your Rating
Date Joined
05/01/2008
Social Links
Private Message
Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
Create a Post