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

To: tanoose who wrote (5775)	2/26/1998 8:30:00 AM
From: Dan P	Read Replies (2) \| Respond to of 10836

Frank and others on this thread: I expect to see KRY double from these levels, once the court decision is in. There are a lot of different ways to look at the valuation, ranging from valuing the gold in ground from US $25-50 per ounce, and considering the resource at minimum of 12 million and really closer to 20 million ounces. I think that U.S. $14 + is conservative, and if we factor in a possible buyout offer at a premium, subsequently, then yes significantly higher prices are likely. The myopia of the shorters amazes me. All of the clues, including the market behavior of the respective stocks, are there. Don't forget that there will have to be massive short covering. That could carry the stock price a lot higher than even I expect. How would you like to have a short position when the stock is halted for news? No thanks, pal. Frank, actually we should be thankful that there are a lot of people short this stock. They will help fuel the rally we are anticipating. Regards Dan