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Gold/Mining/Energy : Crystallex (KRY)
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To: Graystone who wrote (7723)4/1/1998 6:44:00 AM
From: Valentine  Read Replies (1) of 10836
 
You must really be a moron. I apply the same NAV for LC of about $150 Mill. USD when calculating an NAV of the share prices of both KRY and PDG. I never said "the property is not worth anything." This LC NAV gives a value of about $4.30 US for 100% of the deposit for KRY. This is extremely generous given that it assumes zero legal risk and 100% ownership. It is that simple.

The stock is way overvalued given any court outcome.
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