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


To: Syncrude who wrote (6877)3/15/1998 11:44:00 PM
From: Fulvio Castelli  Respond to of 10836
 
I'm not addressing this to you specifically Patrick. It just so happens that you're at the end of the thread right now. :-)

Well, I decided to take a few days off from posting only to come back to the most interesting and thought-provoking set of posts I think I have ever read on this thread.

If anyone has missed them, I strongly recommend you go back and read all posts from Moot, Al Miller, and Marcos from the last several days. While I may not agree with all that has been posted, this makes fascinating reading if you're in any way interested in the legal aspects of this case.

I address the following specifically to 'Moot'. First of all, where the heck have you been all this time?! :-) You obviously have a fine mind and you strike me as a very clear thinker. We could always use such talents on this or any other forum. Welcome.

While I may disagree with some of your misgivings, I strongly agree with your main premise, which is that none of us can possibly grasp all of the legal intricacies of this case. Not only are we not lawyers, we are also not Venezuelan Mining lawyers. Having said that, it is impossible to separate these legalities from any intelligent discussion of Crystallex's case. Necessity dictates that we understand, as a bare minimum, the general legal aspects of the case. But we must always bear in mind that the legal case is complex and it is the Supreme Court who will have the final determination. Marc Oppenheimer himself has stated as much. And while the Venezuelan legal system still suffers from the insidious rot of corruption, I am completely secure in my conviction that this rot does not reach to the Supreme Court.

Personally, I have satisfied myself that Crystallex has more than a good chance of winning the legal case. From there, I derive my comfort based on other information I (we) have been able to uncover about the company and its activities. I also derive great comfort from the stature of the members of this company's board of directors.

To Al Miller and Marcos kudos to you both as well. Your posts this weekend have been very thought-provoking and informative.

And last but not least to Barbara, I couldn't agree with you more as regards to your sentiment towards these posts. These guys have done a terrific job of synthesizing the legal essence and character of this case. I welcome the challenge presented by cogent arguments as we've seen here these last several days. I have little patience however with those who would dismiss Crystallex as an outright fraud.

Ciao.