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


To: charred who wrote (7977)4/8/1998 9:53:00 AM
From: E. Charters  Respond to of 10836
 
Oh come on! CVG took no money? Sure sure. It has been established they
took millions in bribes. Why do you think they kicked out the former
administration?

Dome got caught paying a 10 million dollar bribe in Kakahstan, that
is why they cannot recover all their 35 million dollars there.
Hint, hint.

Look, people in Timmins started trying to acquire ground in Venezuela
15 years ago. It was impossible for small players to get title. It
was obvious corruption ruled the roost and the delays were all about
waiting for bribes to grease the wheels. Dome Mines had its original
headquarters in Timmins Ontario where the Dome mine was found. It
has run for 90 years here and was the cash cow that built Dome Pete
and the mighty Dome empire.

May directors speculate? The SEC has always said so. Why not? Lets
face it. In order to exercise options you have to sell shares. what
makes them any different than us? IF they WANT to take the undeniable
risk and possibly go down with the ship they may. Or they may
speculate like anyone else. You can sell your shares, so may they.

Lie to us? Look they have told you all the facts. It is a court case.
They do not know the outcome. If they did it would be heinous to sell
shares. But they do not.

I do not know how many shares they own right now. It may be a grand
sum, it may be non. If I had options at 3.50 and held shares at 3.50
and lets say I knew/heard Dome mines was buying shares would I sell
some to them at 7.00? Sure. It ain't illegal. The 3.50 options are a
lot safer.

Don't be a Pollyanna. A director is just a guy like you and me. He can
take personal profits based on a level playing field and nothing is
more level than not knowing the outcome of a court case. If you
want him to take his entire personal fortune and bet long at these
prices I would say you are asking a bit much.

EC<:-}