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: Re: My take..
5
Nov 13, 2009 11:57AM
4
Nov 13, 2009 12:10PM

EZ- "If Fung can sell the company now we could possibly pick up a few billion to put in our jeans, very quickly."

do you really believe kry is worth a "few billion" at this point? are you talking "old bolivars"?

EZ, the venz have made it pretty clear imo that our MOC is no longer thier preferred method of business. in fact, you'd be hard pressed to show any company actually making money that conducts business inside venezuela (i dont mean selling blackberries either)....until hugo is gone i dont see venezuela ever being a profitable venue for business.

i will say this: in the back of my mind i wonder how much the vannessa case plays into this? if ven does'nt let anyone mine LC until a judgement is handed down (which is way overdue) on the first case regarding LC. then i would suspect this weakens vanessa's case....how can vannessa claim "lost profits" when there were no profits to be made during that time because "environmental issues" kept LC from being developed?

hell, i dont know.... maybe fung has a deal all worked out and we'll end up mining the whole ball of wax...and hugo will invite all kry investors into the presidential palace for lobster and johnny walker blue.....

2
Nov 13, 2009 12:45PM
1
Nov 13, 2009 01:00PM
Share
New Message
Please login to post a reply