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: Mama Bear who wrote (6433)3/7/1998 7:25:00 PM
From: alan miller  Read Replies (3) of 10836
 
Barb:
I appreciate your views regarding Asensio's success record -
it has served you well. However, this is beginning to emerge as a clearly staged effort to cover a position taken at US5.00 at an unacceptable risk level. Current research indicates that IF Asensio initiated short at 5.00, then he MUST activate this coverage at precisely this time - it may well be a devastating loss if he doesn't for either him or his clients.

With regard to the research published recently by Asensio:
I would refer to the KRY [http://www.crystallex.com] website newsrelease of June 15, 1997 and (other or less biased) sources of information to confirm that Asensio's statement with regard to ownership vis-a-vis the up-coming ruling is indeed not for ownership. He is absolutely correct on the surface of the issue - the complex and definitive ruling is admission of rights. What he has yet to address (I have made several requests for clarification from him without response) is the May 15th, 1997 CSJ gazetting that clearly affirms the legality of Mael's (KRY's) ownership by transfer of title. He has yet to clearly demonstrate an understanding of the full and final legal authority of the CSJ and without it, his arguments remain invalid.
The method whereby the May 15th decision was reached is UTTERLY irrelevant - it remains final and without appeal.

I would strongly recommend independent research on this stock with regards to the Las Cristinas properties -
it is highly complex and open to misrepresentation with perhaps very dire consequences for the not fully informed and that especially includes short sellers.

Included here is a biased compilation of recent miscalls by Asensio:
geocities.com

regards,
am
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