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Gold/Mining/Energy : Crystallex (KRY)
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To: charred who wrote (9562)7/31/1998 4:05:00 PM
From: Syncrude  Read Replies (1) of 10836
 
Charred, I think you are too quick to write off Crystallex management.

To achieve its corporate objectives of becoming a medium sized producer, Crystallex has several options before it, either through acquisition and/or joint venture. The Company has demonstrated that it can readily raise private capital.

You should recognize that until veta rights are firmly in place, no company will take out full page ads to advertise the merits of their properties.

You are very negative on KRY, and this is your right, but I feel your objections have no basis in fact. Mine managers can be hired at any time when needed. What is rare is the depth of senior management in the areas of financing, strategy and diplomacy. You seriously underestimate KRY in this regards. No management restructuring is needed at this time.
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