Re: Sounds like permit is imminent and Russians trying desperate bid...
in response to
by
posted on
Aug 27, 2008 11:01AM
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
RML are offering less than $1.43 a share (US) in an all stock deal for GRZ which is the low end of the present trading range and less than GRZ's cash in the bank and ignores the value of the equipment owned and under construction. It values Brisas and Choco projects as having negative value. GRZ could do better just walking away and selling everything off for cash!