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


To: Martin E. Frankel who wrote (8647)5/16/1998 10:37:00 AM
From: E. Charters  Read Replies (1) | Respond to of 10836
 
There are several inaccuracies in this Stockwatch report and and just as much bias. They are too numerous to go through point by point so I will just say that to accept that version is the comic book approach.

The present Supreme Court action is not an appeal of a previous
decision. It is an action to overturn the resolutions to Minca/CVG of the Copper and Gold rights to Los Cristinas 4 and 6. It is already decided and over. The Supreme Court is not accepting any more briefs on the matter. It is unappealable and will not drag on for two or three years despite what Tejara-Paris is supposed to have been quoted as saying. There is a process of renewing those same rights through the MEM that may take some time but I feel the Supreme court who once went out of their way to do the MEM's work for them (Gazetting of Title) may just make an order in the same spirit to give Crystallex it's needed resolutions.

"Marc Oppenheimer does not return phone calls." Probably not if he knows he is going to be misquoted. He returns my calls.

I don't think anybody wants to go out on a limb and say what the time frame for the fourth ruling will be and what will happen after that. But there is no legal process that is conceivable after that for Dome and they would be the ones with the need to appeal at that juncture.

Whatever happens after the 4th ruling it would appear that if it is favourable to Crystallex the remaining gov't procedures and permittings are a fait accompli.

This curious news item was full of shadows and innuendo. "The collapse of the Carabobo concession." That Concession is still being proceeded with by the company. You can see what the intent of the item was. To wave arms and say everything negative they could. It was hardly an unbiased report. "Critics say." Who? What are their qualifications? How is money losing Crystallex going to pay for the infrastructure? If they own 22 million ounces of mineable gold I think they will attract financing.

Unbelievable juvenile crap. I wouldn't doubt that they misquoted Tejara-Paris wholesale.

echarter@vianet.on.ca

The Canadian Mining Newsletter



To: Martin E. Frankel who wrote (8647)5/16/1998 12:09:00 PM
From: tanoose  Read Replies (2) | Respond to of 10836
 
Hello Marty;

"The purpose of these forums is to exchange ideas and facts and not
denegrate the ideas of others (either pro or con) that don't agree with you.
IMHO, those that post without presenting factual info are either hypersters (pro
or con) or just looking for a conversation and some friendly talk."

Really Marty, is this all that these forums are all about, before you begin to jump on me, maybe you should double back and read a few posts from my good friend Michael, you will then understand that we have a very special relationship, thanks for showing your concern?

As for news, there is no news, nothing has changed now for months, and yes it is very flat, but that doesn't mean that nothing is happening now does it.

And to add to that SW article, the reporter that wrote that up refuses to answer some very simple questions regarding his boss and his special friends??

With regards, Frank



To: Martin E. Frankel who wrote (8647)5/16/1998 12:53:00 PM
From: Carl  Read Replies (1) | Respond to of 10836
 
Hi Martin,

I believe your concerns are justified. As a long time observer of this soap opera, and one who has yet to invest a single dime, I would agree with you that there are just too many unanswered questions for comfort here.

My background is in psychology, not mining, so I come at this from an entirely different perspective than some of the others who post. To me, this stock is a fascinating study in promotion and psychology. I've never seen one quite like it. On the one hand we have the "longs" who don't believe anything they read unless it comes from the company or one of their boosters (Carson, etc.). On the other, the "shorters", some of who seem to enjoy giving and taking abuse. Then there are a few of us who have no position and only follow the story for its entertainment and education value.

From my perspective, the rational thing to do is believe nothing unless it can be verified as fact. Everything else is just opinion. And there are precious few facts available on which to make a decision regarding KRY. The thing that I find most disturbing is that many investors on this thread are basing their decisions on the statements of other investors, newsletter writers, promoters, etc. If you were to simply ignore all these comments and focus instead only on what you know to be true, would you still invest in KRY? In fact, if you were to base your decision solely on what is contained in KRY news releases, would you still invest in KRY? It's interesting to note that much of what is taken as gospel here has never been stated by the company in an official news release! How much of your decision is based on fact and how much on unfounded speculation?

Something in the story presented by the "longs" on this thread still strikes me as fishy. The knee-jerk reaction to anyone who disagrees, the distrust of the mainstream media, the blind faith in Roy Carson, the abuse I get every time I post an honest opinion - all of these things strike me as symptoms of mild paranoia at best and cult-worship at worst.

The gap between what the promoters of KRY are saying and what is contained in this latest StockWatch piece is just too wide for comfort. Someone is lying. And since I am not privy to inside information, I must go with my instincts, and at this point, my gut feeling still tells me that this will not have a quick and happy ending as Mr. Charters and others would have you believe.

Cheers to you and good luck.