Re: perhaps this is the reason?
in response to
by
posted on
Nov 19, 2008 12:19PM
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
Thanks for posting this. Interesting last paragraph. "If Crystallex lost its rights to Las Christinas, the residual asset value would not be adequate to cover the existing debt, and the equity value would be effectively zero" Mr Smith wrote.
Apparantly this guy feels our contract has no value. I'm no lawyer so I really have no idea. It is disheartening to think that our contract is worth nothing and that Venezuela can wipe their rear end with it with impunity.....but hey...Mr. Smith is the securities analyst. As far as "Haywood Securities" goes....why does that ring a bell on my yellow journalism "sh!t-o-meter" scale? Haywood Securities...isn't that a wholly owned subsidiary of Dewie Cheatem & Howe?