Re: Jim Cramer

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Cividale

Rank: Treasurer [?]

Points: 1446 [?]

Votes: 52 Score: 2.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Jim Cramer

in response to

Jim Cramer

samspade

posted on Oct 29, 2010 10:07AM

"Wish Cramer would tout KRY too".

I wish that would happen too. But I don't see how.

Even if KRY gets into a JV with the CRRC, for our 1/3rd position, most everyone on this forum seems resigned to the idea that KRY will not even get a mention, certainly not any positive mention by the Ven govt which has gone out of its way to slam KRY as an evil transnational. (BTW how China and Russian are NOT "transnationals" is beyond me)

So if KRY gets the JV, but no, and/or bad press from Ven....if KRY's name is buried, why would Cramer jump on board?

Even if a permit is granted to a CRRC/KRY JV I'm guessing KRY will have a helluva time getting the interest of the retail investor. Maybe the institutional investors might slowly add to their positions but I've never seen a feeding frenzy from institutional investors, only from retail investors who are swayed by the financial press. And it's a feeding frenzy that we'll need.