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Gold/Mining/Energy : Crystallex (KRY)
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To: tanoose who wrote (5775)2/26/1998 8:30:00 AM
From: Dan P  Read Replies (2) of 10836
 
Frank and others on this thread:

I expect to see KRY double from these levels, once the court
decision is in. There are a lot of different ways to look at
the valuation, ranging from valuing the gold in ground from US $25-50
per ounce, and considering the resource at minimum of 12 million
and really closer to 20 million ounces.

I think that U.S. $14 + is conservative, and if we factor in
a possible buyout offer at a premium, subsequently, then
yes significantly higher prices are likely.

The myopia of the shorters amazes me. All of the clues, including
the market behavior of the respective stocks, are there.
Don't forget that there will have to be massive short covering.
That could carry the stock price a lot higher than even I expect.
How would you like to have a short position when the stock is halted
for news? No thanks, pal.

Frank, actually we should be thankful that there are a lot of
people short this stock. They will help fuel the rally we are
anticipating.

Regards

Dan
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