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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: Re: Plausible Deniability
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bmh
Aug 27, 2009 02:22PM
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Aug 28, 2009 01:09PM
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Aug 28, 2009 01:43PM
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Aug 28, 2009 02:26PM

Richard did stress that Venezuela would really like to come to an amicable agreement with Crystallex and avoid the arbitration route.

Okay, with nothing else to do on a lazy, rainy, summer afternoon, I'm in the mood to speculate.

This statement implies that Vz has made an offer that Fung has rejected as being not enough.

My guess would be one of two offers. Either $.50 a share rationalizing that it is double the current sp or $1.00 - $1.50 with the rationale that they are giving us our investment back plus a small profit.

At some point, if Hugo doesn't budge, Fung is going to have come to the shareholders with the best offer.

How would you vote?

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bmh
Aug 28, 2009 04:17PM
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