Crystallex (KRY) Message Board

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Gold/Mining/Energy : Crystallex (KRY)

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To: charred who wrote (8480)	5/1/1998 2:24:00 PM
From: Syncrude	Read Replies (1) of 10836

Charred, you are forgetting that exploration is not over at Albino. It is expected that chances for reserve expansion are quite good. The current market cap reflects market expectations that KRY will secure large control over Las Cristinas 4&6, expansion of Albinos reserves and potential of its other properties. Without LC 4&6 it is difficult at this time to provide a valuation for KRY. It depends on the recent financing deals and the Albinos potential. It probably lies between $1.50 and $4.00 CDN. This is possibly irrelevant given the stage that KRY has reached in Venezuela. You seem, for I don't know what reason, enjoy doing KRY bashing. I can't understand why you persist in participating in this forum if you don't like the subject matter. If you are short, then I can understand your negativity. In summary, at worst, KRY is a small exploration company with very decent perspectives. At best, KRY is on the verge (2-3 years) of attaining medium producer status. Nothing wrong with this picture either way. KRY remains a good speculative stock, with much of the speculation to be taken out over the next several months.

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