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Gold/Mining/Energy : Crystallex (KRY)

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To: c.r. earle who wrote (3488)9/18/1997 11:41:00 PM
From: Robert Miluga   of 10836
 
No doubt shorting KRY is risky, but so is going long. Regardless of what the promoters are trying to sell, the risk/reward ratio, IMO, is balanced: $20 if they win, $2 if they lose. Either way there's big risk. The market has taken all of this into account. If either company had a big edge, KRY wouldn't be priced at $6 today.

FWIW, my gut feeling is that PDG will win. Too many people are too convinced that KRY is a sure thing. The majority of small investors are almost always on the losing side. Hope I'm wrong for everyone's sake. Good luck to all.

My two cents,

Robert
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