Re: Russian finance mining projects
in response to
by
posted on
Jul 30, 2009 12:30PM
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
As far as a going entity KRY management can raise more funds and slash costs to the bone if they sniff this type of plan from VZ. My only problem is dilution. It may come at a high cost as far as a per share price if that is the case. KRY will get their due soon but that per share number falls if they go to market with hat in hand. This does nothing to VZ because time does not help them as far as their payout, it remains high nonetheless.
It is now at a crossroads, it will solve itself out before YE.
MHO.