Re: interesting china gold story
in response to
by
posted on
May 24, 2011 10:06PM
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
CJR your Chinese sign made me laugh out loud. Thanks I needed that.
I'm glad you weren't offended by my post. I'm glad gold is in demand because I do own other gold stocks as well as physical gold.
All I was trying to say was the KRY is not a gold company and probably never was. It's a legal play. The question is, do the bond holders want to see KRY survive long enough to live through arbitration or do they want to pull the plug this year?
If I was a bondholder and I thought I could force KRY to sell everything and get back 50% of my investment, I do it.