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) -- Ignore unavailable to you. Want to Upgrade?


To: John Dally who wrote (10108)10/3/1999 11:40:00 AM
From: charred  Read Replies (2) | Respond to of 10836
 
Hello John,

Good points.

The points I have made are that SG have 4 years of reserves left. Insiders own very little shares. Very important. The CEO who gets paid $1000US per day owns only 25,000 shares.

About cash flow, yes KRY is a good buy at this level if you consider this. What happens after 4 years?

On the exploration side, KRY has a poor track record. They have discovered nothing. Companies who are good explorationists are the potential 10 baggers. KRY looks for properties in the courts, not in the field. Therefore I don't see the company even as a 5 bagger.

What KRY needs is a new discovery to create excitement.