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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Wookie....Re: Doody said
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Mar 13, 2008 08:15AM
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Mar 13, 2008 03:28PM

Did Doody change his opinion of KRY because the "excessive"amount of the latest financing increased the cost of his $\ounce gold metric to the point where he felt there were better plays...or was it the fact that management obtained more dilutive financing that, on the surface, would not appear necessary if the permit was very close...the implication being that management knows the permit is a year or so away....or is it the fact that he felt management screwed shareholders by excessive dilution.....the premise being that more shareholder friendly financing could have been obtained post permit. After all....everyone seems to agree and management has publicly stated that obtaining financing is not a problem. Don't get me wrong. I don't think Doody is the God of gold...but it is bothersome when yet another expert KRY supporter turns his back on the company. Any thoughts would be much appreciated.

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