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

Free
Message: the less pro ....and the more cons of a RML takeover.

the less pro ....and the more cons of a RML takeover.

posted on Jan 13, 2009 11:11AM

Beside the gold [easy to get too] has anybody visualized that if Rusoro is bidding for Kry it is also for the equipment which will provide an extremely short time to start mining Las Cristinas .

This is where the argument start .

The value of Crystallex should be at least in the same range of GRZ and that will put the fully diluted share of Rusoro ruffly at billion and a quarter and that would require a reverse split to bring the share price to a decent amount where thereby go in search of financing for the building of the mine.

Assuming that the split would be 1-5 i don't see any advantage for price gain for us shareholders only more pain.

Share
New Message
Please login to post a reply