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


To: shorty who wrote (5796)2/26/1998 12:21:00 PM
From: viper  Respond to of 10836
 
I'm with you, I suppose if they are riding free-ride your winners.
If they are margined or mortgaged, get out. If you do not own-do not
buy, way too much risk and limited upside. If you are a shorter, like
yourself and ourselves, and can put up the $ this is a premium
short opportunity. I'm seeing the classic signs before the storm...



To: shorty who wrote (5796)2/26/1998 1:31:00 PM
From: tanoose  Read Replies (2) | Respond to of 10836
 
Hello shorty;

If one were to surmise as you have done, without all of the facts and events that have occurred, I would have to agree with you.

But you do not have all things factored in, the management of this team have been busy flying back and forth between NY(ie financial people), Houston,Montreal and Caracus(MEM people, on more than a few occasions over the past month).

At present all of KRY's top people are assembled in Venezuela, and I don't believe it is for the sun??

One announcement that many here have either failed to notice or refuse to accept, was just about a month ago, in regards the MEM, where they stated the "pioneering and visionary future that KRY has for Venezuela, and that they are welcome and established in Venezuela"( ie political shift ).

Now ask yourself, why would these government agency's be wanting to meet with a company that has lost??

I suggest you start counting that in your egg salad as well?

With regards,Frank