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

To: Ally who wrote (8444)	4/29/1998 9:40:00 AM
From: Greg Ford	Read Replies (2) \| Respond to of 10836

Denise I think the point being made is that there are alot of factors to consider regarding the credibility of KRY and therefore its story. Although the points raised may or maynot have an impact in assessing whether KRY is a good investment or perhaps better stated a good bet you should carefully look at the credibility of the companies involved based on the information available. Charred's point is that KRY has little production from Albino which in any case is uneconomical. An investment in KRY is at best a roll of the dice, if they win great if they lose then those shares are worth nada. I'd rather invest in Greenstone and not lose any sleep at night. Good luck with your investments. Greg

To: Ally who wrote (8444)	4/29/1998 1:38:00 PM
From: charred	Respond to of 10836

You don't have to know everything about mining. Look at the production, the costs, reserves ROI etc. There are some very smart people on SI legally, technically, long and short. Just ask. I prefer to talk technically that's why I post to Mr.Charters and Bill Jackson more than the others. There are some previous posts with some good technical discussion between us however I don't have time at the moment to refer to them. Lunch break is almost over. Cheers

To: Ally who wrote (8444)	4/29/1998 11:28:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 10836

45 degree dipping shear zones are not expensive to open pit mine nor do they have higher stripping ratios than vertical. 30 degree dip would have a depth cut off. But not 45 degrees. Much of what Crystallex is currently drilling will be underground mined. Dome built no towns in Venezuela. It did oust legal garimpeiros from property. A garimpeiro has panning rights in river systems whether or not he has title. The government allowed the garimpeiro to operate for years and then under CVG unceremoniously ousted them in favour of foreign business like Dome mines (who they hoped would pay bribes) and created the poverty. The government created the situation. They are responsible. Dome mines who had and has the unbelievable arrogance to co-operate with these corrupt administrators bears the responsibility. All our major Canadian companies in South America by personal admission to myself in the past twenty years have operated by paying enormous gratuities to corrupt politicians to keep them in business, win the election and steal the good properties for themselves. This comes directly from the lips of former directors of the companies, specifically Noranda, Cominco, Inco and Phelps Dodge. Whether or not they thought they "HAD" to do it is no excuse. They sowed the seeds of their own destruction that was inevitable when the corruption was cleaned up. Dome went into Kazakhstan and paid a 10,000,000 dollar bribe to certain Kazakhstani politicians. They were discovered and kicked out. They had to plead to get their 25 million dollar legitimate deposit back but had to forgo the bribe. Why are these directors still in office? Don't believe the propaganda. No liberal voted the against the Hepatitis C bill to limit the compensation to the people they poisoned. They threatened them with being kicked out if they had a conscience. Why are these people still in office? echarter@vianet.on.ca The Canadian Mining Newsletter