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Gold/Mining/Energy : Crystallex (KRY)
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To: charred who wrote (4586)2/3/1998 9:47:00 PM
From: RH  Read Replies (1) of 10836
 
Charred,

I appreciate your views, especially the connection to VEN. I have nothing against your opinions and in fact admire your patriotism, however, I must point out a naive statement you made concerning a past post.

Current shareholders of KRY (retail) likely don't have a thought about VEN nor about KRY (me included--not in love with any company). That isn't to say I want anything bad to happen but face it, we're playing the stock and are not true "owners" of the company. The real players seem to show some concern about the interests of the Ven locals and the environment where they're hoping to mine. The only ones who can truly be judged for their actions and moral positions are the players who are going to be in this thing for the long haul (years). The ramifications of mining and the development of infrastructure will not be felt for years, long after most of the retail players are long gone.

I would like to know more about VEN and in fact, my wife and I have talked seriously about taking a visit. Thanks to this KRY play, I've heard more about VEN gov't players and politics than Canadian.

I'm long and making my bets based on the players (pure and simple). This KRY mgmnt team appears to be second to none. I've made some money and am hoping to make some more. We all know the risks and I don't believe that LC4&6 are the only 'gold' KRY has at the end of their rainbow.

Good luck to all and keep posting.

RH
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