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Gold/Mining/Energy : Crystallex (KRY)

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To: Spin8 who wrote (7262)3/21/1998 10:32:00 AM
From: tanoose  Read Replies (3) of 10836
 
Hello Spin8;

I will try to answer that question, I f KRY was to now publicly announce a share buy back, knowing what is before them and their possibility's, how would the OSC or the SEC look upon this. Would they not turn and say, the insiders are acing on inside information and are trying to profit from it before it occurs, you see the management of KRY is in a "catch 22" situation. Yes they have sold some shares throught the exercise of options, but I do not feel the amount to be that significant to cause such an alarm by some who wish to do so?

To me it has become very obvious how the short side has planned their collective attack, they knew that KRY is now bound to confidentiality aggreements with certain company's and most importantly the "MEM", so they saw this exposure and they knew that they would be exposed??

With regards,Frank
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