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Gold/Mining/Energy : Crystallex (KRY)
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To: charred who wrote (5757)2/25/1998 8:29:00 PM
From: flightlessbird  Read Replies (3) of 10836
 
Charred: Thank you. Any price estimate to me over $15 US is pure speculation. At this stage I can't even begin to predict where the price will go, though I obviously feel up. A $25 share price is based on 1) a favorable KRY decision at LC 4/6 (with no appeal, the merits of which have been debated ad nauseum so don't protest that one again -- I accept your disagreement), 2) a strengthened relationship with MEM and KRY that will likely lead to further mining opportunities, 3) the immediate presence of well-respected JV partners to begin a quicker production schedule. I fully recognize your disagreement with these reasons. You and I both, however, do not know the absolute outcome of any of the three at this stage. If you feel this is promotional and all bunk, then I do in fact recommend you short it. I prefer to take my cues from the quality of the board, the expressed desire of Venezuela to enact reforms, remove corruption and protect the environment (Tejera Paris), and my lack of trust in PDG's statements. I could go into greater detail on all these points but you've seen the arguments before and obviously disagree. No doubt this post will give you and Viper yet another opportunity to step up onto your soapbox and bash KRY. Fire away if you wish. Most I believe find such responses humorous at best.
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