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Gold/Mining/Energy : ECHARTERS -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (960)11/2/1997 2:22:00 AM
From: barb loucks  Respond to of 3744
 
Mr. Charters, Re. your 1:53 a.m. post: I also notice that Bema and Arizona Star stock prices are languishing in the shallows, as is Crystallex.

Also re: Crystallex, your quote: "There is copper.. not even KRY knows what the content is or its economic contribution. It has been said that it is an additional consideration"....and then "I am going to make a wild guess at about 5 pounds copper per ton. This would add 90 million a year to KRY's income, or about $6.00 CDN a share. It may be less but it may be more."

As part of my DD on Crystallex, I am interested in how you reached this "wild guess" and why is Crystallex currently trading at $6.45cdn.
per share if you estimate it is worth $30. I realize that investors are waiting for the Venezuela Courts, which adds much uncertainty, but I have seen you on the IPM thread pointing out that the current stock price leads to you believe BD's report would be negative. Following that logic, why does Crystallex's current stock price not lead you to believe there is a great risk that news will not be positive?

B.