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: Congrats
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Jun 07, 2010 10:00AM
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Jun 07, 2010 10:29AM

Congrats to Bob Fung and company for making a deal with the Chinese and thus avoiding bankruptcy.

Clearly this is positive news (the first in many years) but the lack of permits, and the fact that Chavez still controls Ven, is still holding us back. Hopefully the permits come soon but it's doubtful Chavez is leaving anytime soon so I think the big money is still staying on the sidelines.

I don't think Chavez will screw the commie/capitalists but until permits are issued and shovels are turning we may not see this stock get to where we want it to go.

It's a tragedy that KRY had to give up 66% just to stay in the game and keep out of bankruptcy but that's the reality when you do business in Ven.

For the time being I'm holding on to my 300K shares and I'll see where this goes.

Cividale

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Jun 07, 2010 10:35AM
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