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


To: IngotWeTrust who wrote (8987)6/12/1998 2:03:00 PM
From: Ken Benes  Read Replies (3) | Respond to of 10836
 
ole 49r:

I have met the pr guys behind kry several years ago, and personally would not trust them as far as I could throw a piano. You can pretty much bet that they have liquidated much of their personal holdings in the 6-8 dollar range. They probably kept a token amount for appearances.
Aside from that aspect, in the mining business delays are equal to death. This ruling has been too long in coming and the justices probably ruled after receiving an offer they could not refuse.
I am sure many people got burned on this board and will stop investing in the junior mining business. The guys in Vancouver can care less. There scores on kry, bre-x, diamond fields and few others will hold them over indefinitely until a new group of suckers fall for the line of shit about a potential gold mine. However, this time, they may have to wait a few years for the gold market to regain some of its luster.

Ken