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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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Message: Honest Opinions

I would be interested in hearing everyones opinion on what they honestly think they will do if the sp jumped to,say .60 on news of a closed deal to finance us through arbitration.How many longs would be tempted to sell at this time if your cost average was still high as mine is.Im still a little over $1.00.Im not prepared to sink anymore into this to lower it.I did that for about 2 years and enough is enough.Myself,it would be very tempting to get out,take the loss and maybe start over,buying a little over the next few years as we wait for the arbitration process to wind down to a judgement.I kicked myself for not selling the last time it went to around .48 and watched as it dropped to around .6 i believe,if i remember right.Many here can afford to wait it out and i have in time accepted this as a total loss springled with a little hope but given a chance to get at least half my money back,and start playing again but with much less if judgement didnt go the way we hoped.Kry has a lot of history kicking us in the nuts when we are feeling our most optimistic about things.Im not sure what i will do if.........

Bill


Nov 03, 2011 05:24PM
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