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: Re: New question after the rant
1
Oct 08, 2008 10:47AM

We are probably around that level now, but take a look at GRZ.

Their situation is crazy: $38 million market cap and $78 million in cash plus a lot of equipment that probably covers outstanding debt.

Current prices are irrational because of the selling to deleverage funds. The real question is how long it will last??

1
Oct 08, 2008 11:22AM
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