Welcome to the Crystallex HUB on AGORACOM

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

Free
Message: MY CHAT WITH RM

Kent - Leave it to you to glean more out of RM than any other can. I never got an answer beyond the BOD is aware of the cash situation and has no plans for bankruptcy.

So let me propose some thoughts that might support the silence:

Perhaps KRY has secured financing but the nature of it depends on what transpires with VZ negotiations. It could be to support arbitration, or to facilitate a settlement/buy out or (upon some miracle) to allow for the permit and mining. KRY does not announce what they are doing because they don't know what shape it will take and to do so before negotiations have terminated would jeopardize the negotiations. Makes sense even if I don't like the silence.

This is all my opinion but I could llive with it until the Q3 report.

Share
New Message
Please login to post a reply