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

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Message: Profits

Re: Profits

in response to by
posted on Apr 07, 2010 01:38PM

I may not be getting it Dparge. To my way of thinking if the potential strategic investor was shorting to convert the loan to thus giving up him actual money for paper shares at .20 or 5 day average he would only benefit from the share price rising afterwards. I view this as longer term as far as Kry is concerned. For blue chip stocks I consider long term 6 months or more but with Kry I think it is a month or two.

I guess it is depends on what we think long term is.

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