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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: Back of the envelope calculation...

""We'll be lucky if these thugs offer more than a dollar\share for all of our trouble.""

What they offer and what we're awarded in a negotiated settlement are two vastly different things. You're dreaming if you think Fung would ever accept a $1.00/share buyout offer, no matter what price level they received there options at.

EZ...I don't think we disagree. You will note, from my prior posts, that my educated guess is that we end up going to arbitration because Venezuela's stink bid will simply be insulting to Fung and unacceptable for the reasons you mentioned. HOWEVER...we will have to wait to see what the "experts" actually value this at. Fung's bottom line "F.U." take it or leave it offer would be some percentage less than this (imo) to discount the expense, time and bullsh!t that International Arbitration would entail. "A bush in the mouth is worth two in the hand"....or is that a bird? Whatever....you get my drift.

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