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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: The Worst Case Scenario

Re: The Worst Case Scenario

posted on Dec 26, 2008 09:32AM

Sadly, that will not happen.

It is also not a very good business plan to throw good money after bad.

I may get "violated" for being excessively negative (or realistic), but anyone with liquid assets will not be coming to KRY when there are so many other under-valued performing assets out there to be scooped up.

Citi and Goldman are quietly predicting $2000, the fed is printing money like it going out of style, and companies like AEM, AUY, and many many others are just starting to come back from being whacked.

We've fallen to far to sell, like GW said: Hold and Hope.



Be honest. If you had 10G sitting on the sidelines, would you buy KRY or something else.

Sorry.

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