To: Avalon who wrote (9470 ) 7/23/1998 10:44:00 AM From: Jerry Collins Read Replies (3) | Respond to of 10836
Av -- In defending your remarkable statement that KRY's production could reach 150,000 oz/year by 1999, you hint at having access to corporate information not available to the market generally. That, of course, is called distributing insider information. "I have my suspicions that an acquisition rather than a merger is in the cards. I also have suspicions as to where they might be looking. (There is an interesting story behind the reasons for this suspicion and if it proves to be correct I will tell it to you...)" You have boasted in the past that you're always on the phone to the main players at KRY, as well as others, in between serving customers and clients at your unnamed Toronto trust-company office. How do you come to have a "suspicion" that an acquisition is in the cards? Did anyone tell you this, or did you make it up? If someone told you this, who told it to you? If no one told it to you, what is your source? Crystallex has often been compared to a ship on an odyssey. If we are to believe the boasts of posters such as yourself who state they are in the know and have excellent sources at management, then it may be a leaky ship indeed. And if it's not true, Crystallex should be very concerned about it. Yours is yet another example of the unverifiable Internet hype that passes as discussion on some other forums. Roy Carson is another chap who was forever coming out with insiderish information. Here's a rare example of when this information proved correct. Robert Fung was named chairman five days later. Carson says Fung to be named chairman Crystallex International Corporation KRY Shares issued 34,000,000 1998-02-12 close $11.25 Thursday Feb 12 1998 Roy Carson, writing in a VMI Briefing e-mail of February 12, 1998, says Crystallex International is set to announce the appointment of director Robert Fung as chairman of Crystallex International. Marc Oppenheimer will remain as president and chief executive officer, the well-connected Caracas-based journalist reports. Crystallex has been involved in a well-promoted legal challenge in the Venezuelan Supreme Court over matters relating to mineral rights at Placer Dome's Las Cristinas 4 & 6 concessions. KRY emerged with a title challenge in March 1997 after acquiring Venezuelan-registered Inversora Mael. Placer has been working LC 4 & 6 since 1992 in a joint venture with a minority partner, the government agency Corporacion Venezolana de Guayana. Jerry Collins CSW