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


To: charred who wrote (8480)5/1/1998 2:24:00 PM
From: Syncrude  Read Replies (1) | Respond to of 10836
 
Charred, you are forgetting that exploration is not over at Albino. It is expected that chances for reserve expansion are quite good. The current market cap reflects market expectations that KRY will secure large control over Las Cristinas 4&6, expansion of Albinos reserves and potential of its other properties. Without LC 4&6 it is difficult at this time to provide a valuation for KRY. It depends on the recent financing deals and the Albinos potential. It probably lies between $1.50 and $4.00 CDN. This is possibly irrelevant given the stage that KRY has reached in Venezuela.

You seem, for I don't know what reason, enjoy doing KRY bashing. I can't understand why you persist in participating in this forum if you don't like the subject matter. If you are short, then I can understand your negativity.

In summary, at worst, KRY is a small exploration company with very decent perspectives. At best, KRY is on the verge (2-3 years) of attaining medium producer status. Nothing wrong with this picture either way. KRY remains a good speculative stock, with much of the speculation to be taken out over the next several months.



To: charred who wrote (8480)5/1/1998 9:48:00 PM
From: E. Charters  Read Replies (1) | Respond to of 10836
 
Don't invest in the Canadian Exploration Industry. You foreigners just don't understand it.

I think 2.4 million ounces is worth over 160 million market cap. And I know they have it. You would have the audience believe that at the early stages of an exploration project it is completely drilled off and discounted.

Really? So nobody can find any gold where it is likely to be? Except your friends?

It's ok to take sides but be reasonable. 50 dollars US an ounce is 5.53 CDN a share right now without LC 4 and 6.

EC<:-}