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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: Carl who wrote (5193)	2/12/1998 1:27:00 PM
From: PRO TRADER	Read Replies (3) \| Respond to of 10836

Here's a frustrated investor for you. Never trade on emotion big guy! Friendly advice, PRO TRADER

To: Carl who wrote (5193)	2/12/1998 1:36:00 PM
From: Fulvio Castelli	Read Replies (1) \| Respond to of 10836

Personlly, I wouldn't waste the time to try and educate you, but my friend Avalon (who has infinitely more patience than I) asked to post the following to you: Something for Carl over on SI who keeps asking for an example of what the media has distorted. PDG and the media claim that the judge rejected KRY's gold motions...simply not true...and you can tell him to check pages 26 and 27 of the judge's ruling to confirm what comes next... Judge Acuna's job as ADMISSIONS JUDGE was to determine whether any/all of KRY's motions had enough merit to be heard by the PAC. As all 11 motions were filed as ONE action...therefore by admitting ANY of the motions, the judge has basically said that KRY has a legitimate claim and that the motions should be heard. It is IMPORTANT to note that the judge did not deny the gold related motions BECAUSE of this time lapse (Statute of Limitations) but simply because IT WAS NOT IN HER JURISDICTION to do make a decision about them!!!! The determination as to whether or not to accept the gold motions are the SOLE jurisdiction of the PAC. In effect, Judge Acuna said "I don't have the power to admit these motions even if they are valid so I will pass them on to the PAC to decide as they and ONLY THEY have the power to make a decision despite the Statute of Limitations..." THIS HAS ABSOLUTELY NO EFFECT ON THE VALIDITY OF THE MOTIONS So now, the PAC is looking at the situation and if they feel that there is a valid case, they will admit the motions because they have the POWER to do so. The issue as to how they make the decision to admit the motions is also up for grabs...there are three dominant ones...