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To: TD who wrote (43298)10/18/1999 10:12:00 PM
From: charred  Respond to of 116759
 
Very interesting article, it seems to me that Cambior is finished. They are talking about loses of $33 million over the next year.

KRY hedging program shows 50% production and minable reserves at $310. It looks the other companies he mentioned that have small % of gold production are better buys. I believe KRY has no options do they? Any thoughts on this. He talking problems with Barrick hedge at $385. These days are confusing.

He makes a good arguement about LC, however it seems to me that he firmly believes that KRY has a chance. Maybe so.

Cheers




To: TD who wrote (43298)10/18/1999 10:20:00 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 116759
 
Oh barf!!! NOT ANOTHER KRYbaby story about Las Christinas! When will Crystallex learn that PDG is bigger, smarter and gets to mine that puppy.

Of course, those of us who want the price of gold to go up would be well served by KRY's inability to make a profitable dime, even in a low price gold environment.

But, let's get real...KRY is out of their league and Peter Grandich is wrong wrong wrong again, even though he's basking in the Bahamas from cashing in his pump and dump KRY stock options last I heard.

So Go PDG, get the gold out and onto the market PDQ, B4 1/1/00! That's when we'll all really need the added supply, trrrrrrust me!!!

O/49r
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