Re: Why no news/
posted on
Mar 18, 2010 11:25AM
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
You said: "Does anyone believe that we will get more than .32 for our shares the way pur present Management is handling the situation?"
My reply: Yes, I believe we will "get" more than .32 per share.
You said:"The price will float until the end of the month, and then it will start a downward trend as the company burns cash."
My reply: Your opinion on sp trend is funny. Crystallex has been burning cash for many quarters on this project. It is really quite simple.
1. Resolution/settlement
2. Arbitration/financing
Each person gets to decide if they believe management can execute one or the other. I do believe.