Re: Hopefully a major gold producer with deep pockets...
in response to
by
posted on
Jun 15, 2009 12:36PM
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
Don't get me wrong Jimmijazz, I totally agree with you that $4-5 is reasonable with a permit. But right now we don't have a permit ... the share is at $0.26 US (market is saying no permit in site) and an 8 for 1 offer would only be a dream. GG won't ever come in and offer that to us right now, with uncertainty hanging over us that they would actually get a permit once they made the acquisition. If we get an offer for an acquistion right now ... i wouldn't expect much more than an offer of $1.00.
If we do get a permit first ... that's a whole new ballgame. I'd probably have to think twice about getting bought out at $4-5 ... cause financing would be readily available and I think this comapny would be worth more than that.