Welcome to the Crystallex HUB on AGORACOM

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: interesting...

Bullfrog, as you say I would be guessing and honestly I do not like to put any numbers specific SP. I know you and others would like to hear a number and I would like to offer you my best guess, but it would just be a guess and I do not like to put out any false hopes etc.

I will say this. There are some out there who have printed reports on KRY with values between $5.00 and $9.00, but at much lower gold prices as these reports are now somewhat dated. Factor in this increase in gold prices and you could reasonalbly extrapulate the value to be significantly higher. If not for the geopolitically unstable risk attached to our KRY we would probably be at the above SP's if not higher. KRY has a massive deposit with massive value that cannot be denied. (20M ounces at $1000 an ounce is just plain massive and certainly not reflective in our current SP) In my opinion you will see a nice pop on permit day with some of the long term holders selling to get out, but that will only be short lived as the volume will be so massive that it will be a small bit of resistance eventually overcome by the potential that KRY represents. Once the hurdles are out of the way a major will put a value to KRY with some VZ risk attached that even KRY will not be able to resist. There are many reasons to sell a stock (like a great price, margin calls, buy a house etc) and ONLY one reason to buy a stock and that is because investors believe it will be going up in value. When we begin to see the huge volume coming into KRY that will be a nice indicator that some thing is happening. This is just my opinion only and not investment advise so please ensure you do your own DD.

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