Crystallex (KRY) Message Board

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Gold/Mining/Energy : Crystallex (KRY)

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To: Greg Ford who wrote (7092)	3/19/1998 12:20:00 AM
From: Larry P.	Read Replies (2) of 10836

Hey Greg, you said "In a low gold price environment such as today, it is debatable whether any major would build LC. Therefore I don't know how a junior would be able to do it. As for selling the deposit or KRY being taken out by a major, how likely is this. " How about a joint venture where the major earns its share by completing the feasibility study and building the mine. I bet (and I am by buying KRY when it opens) several majors have already gone over this with KRY, and my wild guess is that Freeport or Barrick will move quickly after KRY wins its court decision. My only worry is that KRY may not get much $, just look at Bema and Arizona Star and the deal they cut for Cerro Casale with a crappy senior. Larry

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