SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Crystallex (KRY)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Claude Cormier who wrote (10593)7/17/2001 4:15:47 PM
From: Valuepro  Read Replies (2) of 10836
 
Claude, "They know that LC will not be economic unless gold far exceed $350-$400."

Funny thing is, Placer had a ribbon cutting ceremony with gold at around current prices. Later in the saga and near the time they wrote it off, they were talking they needed POG at around $320 and up. Much more recently, members of the company were quoted as saying they needed POG in excess of $350. Just in the last couple of days now, Brenda Raides (sp?) is quoted as saying LC is worth peanuts unless POG reaches $400.

While these people may not be stupid, they are looking unconvincing, IMO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News