latebird's Profile
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Gwhats, I think we were strung along all this time as VZ tried to find a soltution to wiggle out of the contract. There solution was to pass resolution that VZ had to be major holder then after a yrs negotiations, they say we were not progressing the mine. IMO
Thanks Teutracker, your response was detailed and to the point. Great info! I like the buyout option as well. I think it may be are only situation for a win, before arbitration.
Who exactly in Crystallex can determine a material event has occurred, and who has the authorization to contact the appropiate agencies for a halt in trading?
If Fung is notified of a change in status, is he obligated to order the halt and fly to V. to determine the validity of the information?
With no leaks as to the pending news, I think the senerio for the source is from a high level in the current negoiations. That news could go either way IMO.
I'm hoping for a positive resolution.
Any one catch fast money on CNBC, the comment that Venezula is the next Egypt. It's a powder Keg. I'd rather see Hugo thrown out then voted out.
2 to 3 years certainly is the standard time frame quoted for a project of this size. RM is no fool and does not want to estimate a time frame unachievable with so many factors unresolved. Still we all should rejoice in a defined path that has been layed out to KRY. I as every one wish's for a speedy resolution. At this stage 2-3 years is very acceptable to a profitable ending.