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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: Will this Nightmare never end!

Will this Nightmare never end!

posted on Feb 13, 2009 04:56PM

I own equal amounts of shares in RML and KRY. I've had my KRY shares for 3 years and my average is over $3.00. I only acquired RML in November as insurance in light of Hugo's growing affinity for all things Russian.

KRY has been stuck between a rock and hard place for 10 years with no relief in sight. If Hugo wanted the permit issued, it's obvious to me that it would have been done a long time ago. All the bureaucractic issues so far with permits, approvals, conflicting announcements and comments from different ministries and/or even in the same ministries but different dept's has been just a stalling tactic for Hugo to decide who, in his best interest, is going to be the beneficiary.

It's fairly obvious to me RML would not have offered on GRZ without prior consultation with Hugo. So they are on side with Hugo. I can't believe any longtime KRY shareholder wouldn't at least be receptive to looking at the terms of a possible merger, especially in light of KRY's current financial situation.

This merger could be a gigantic opportunity ! Let's not p-ss it away.

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Feb 14, 2009 07:56AM
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