Re: Chavez in Russia, settle with GRZ?

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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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hondobud

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Re: Chavez in Russia, settle with GRZ?

in response to

Re: Chavez in Russia

samspade

posted on Oct 14, 2010 02:16PM

What is settling with GRZ cost Chavez? Doug is asking for a lot of money.

I always thought Venezuela could participate in a new CRRC/KRY/VEN JV if they added LB and made some concessions, but I never could imagine (between all the players involved) this ever could be accomplished.

What do you all think? Investors are anticipating a buyout/settlement of GRZ? My buyout/settlement chance risk/reward would have to be a double short term.

Is a buyout of GRZ @ 3 dollars per share fair to avoid arbitration and a possible larger loss later?

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