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


To: marcos who wrote (7491)3/27/1998 4:04:00 PM
From: Wayne Martin  Respond to of 10836
 
Marcos,

Now come on! Just because a man has been convicted of "fraud and deceit," that doesn't make him a liar too. He's a deceiter. Deceitor? Deceitist? Anyway, it looks like he has about shot his wad
(forgive the vernacular) when it comes to killing the stock price.

Wayne Martin



To: marcos who wrote (7491)3/27/1998 4:28:00 PM
From: Moot  Read Replies (2) | Respond to of 10836
 
Marcos/Clarification

Marcos: You wrote: "Either Crystallex is lying, or Asensio is lying." Would that it were that simple.

Your statement may be an improper exclusionary disjunction. Taking 'lie' in its simplest sense, neither one may be knowingly expressing a falsehood. Then again, without knowing exactly what statements by either that you are referring to, they may both be lying.

At first glance, Asensio would seem to be the easiest target for an accusation of lying. I think the purpose of his claims are quite clear and, at the very least, this invites suspicion. However, when you examine his statements, he is very careful about the presentation of facts. Having said that, those facts may have been presented out of context and may even have been subsequently superseded by other facts.

The preceding does not eliminate the possibility that Asensio is guilty of lying, if 'lying' is considered in the more complex sense of being 'deceptive'. That, however, may be very difficult to prove in a legal sense. Part of the problem here is that of interpretation. You may recall one of Asensio's early claims to the effect that there was no case before any court that would give Crystallex title to LC 4 & 6. (That, by the way, was a paraphrase.) Some people immediately interpreted this as a claim by Asensio that there was no case before the courts. Since there clearly was a case before the courts, Asensio must be a liar. Properly read, however, Asensio's statement is equivalent to the claim that there is a case before the courts that Crystallex can't win. That some people chose to punctuate Asensio's statement following 'there is no case before any court' is not his responsibility.

Even if Asensio had made the seemingly stronger claim that there is no case before any court that will give Crystallex the rights to mine LC 4 & 6 (which he may have done at some point), it would be very difficult to prove that he was lying. The truth of that statement is a contingent matter that won't be known until the court rules on that issue. If Crystallex does, in fact, acquire these rights, perhaps the worst that could be said about Asensio's claim in the legal arena would be that he was wrong.

These are only a few of the possibilities. I won't run through the same exercise with respect to Crystallex. I will simply point out that all of Crystallex's public statements may be factual, they may be convinced that their legal position is sound, and they may yet be wrong. None of this would make them guilty of lying.

Clarification: In a response to an earlier post of mine today a claim was made regarding a Crystallex fraud. I want to dissociate myself from that response. I made no such claim. I have no knowledge to that effect. I did not intend that my post be interpreted as encouraging any such inference.

Regards.



To: marcos who wrote (7491)3/27/1998 11:25:00 PM
From: E. Charters  Read Replies (2) | Respond to of 10836
 
Truth to tell it isn't so much lying as power and politics. If Acosta can get elected on the issue then he can force a gov't decision, if he is in the gov't, to nullify KRY and uphold his friends, whoever they may be. When Ren Levesque got elected the gentleman stole Hydro Quebec for the people. With a generous stock issue for his friends. The soul of honesty. He used it say that he would abandon his gang of crooks when the opposition abandoned theirs.

Acosta wishes the Carabobo and LC 4 and 6 to have a more Venzuelan content. So he says that the gringoes are crooks. He steers clear of Dome as it has a 30% partner with lots of stock for his friends. He wouldn't like to buy stock in KRY as he fears the political power of CVG's friends. It politically unpopular. He is against the socialist movement of the Imataca friends of the forest as it derails his own long range plans to get the region devloped. There are more parties in VZ than fleas on a dog and its a fine balance. Acosta gets more free publicity and votes in Miami than a million bolivars buys him in Caracas. Ynaty, Acosta, the former Ambassador to Spain, they all have their eye on the next prize. El presidente's job. KRY is a pawn in their game. It's politics.

It's really more about does VZ have a Supreme court that the gov't will listen to? Do those 3 women have clout? I think you will find that the Latino female is right next to Pizarro with the actual clout in the the land of Bolivar. They don't seem to take it and that is what I have my faith in, not Ynaty, Caldera, CVG, or Crystallex. It's in the girl's hands.