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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: ARU backlash to Kinross
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ARU backlash to Kinross

posted on Aug 25, 2008 10:38AM

Read the ARU comments right above our Discussion Forum.

Seems the members of ARU board take exception to KGC's buyout offer. They state that the KGC offer values ARU at $65/oz gold vs the $300/oz gold that many mines with large reserves command. That validates and/or supports a number of us on this board that our valuation of KRY is approx $20/share. Quantifying the Hugo/VZ factor is another story.

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