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


To: retiredsoon who wrote (9533)7/29/1998 5:29:00 PM
From: Jerry Collins  Read Replies (1) | Respond to of 10836
 
Retiredsoon --

Thanks for the thoughts. No, I'm not sure whether the famous Irish nationalist Michael Collins is an ancestor of mine. As far as I know, my family members are all English. In addition to my father's near 50 years in the Canadian media (including 16-odd years with the CBC, in his long-ago liberal days), my grandfather was an award-winning news agency photographer in London before WW II. So the Michael Collins connection seems a stretch.

Anyway, I found another Stockwatch summary of an item from fellow Brit Roy Carson.

------------

Carson says Mael to win case, but not unanimously

Crystallex International Corporation
KRY
Shares issued 34,000,000
1998-04-20 close $6.05
Monday Apr 20 1998
Roy Carson, writing in his Caracas-based Internet Mail Service, tells his e-mail
subscribers that the Chief Justice of the Venezuelan Supreme Court, Cecilia Sosa
Gomez, may not get all five justices to agree with her that Crystallex International
should win the case it is appealing. Mr. Carson writes that Madam Gomez "had
wanted 5/5 to release the ruling; now it appears that she may go with 3/5!" Mr.
Carson, an international journalist with impressive but self-claimed contacts in the
senior reaches of Venezuelan officialdom, says he is getting "strong signals that it is
her intention to go with the latter." Part of the reason is one of the justices is ill, and
that she wants to release the ruling quickly in light of the long delay. Mr. Carson
adds that while he understands the ruling will favour KRY subsidiary Inversora
Mael, which he believes holds title to the coveted Las Cristinas concessions, he
confesses he does not know when the court will hand down its decision.
Vancouver-based Placer Dome has been working at LC 4 & 6 since 1992, but in
March 1997 Crystallex claimed title through its acquisition of Mael.

(from Stockwatch)

----------

Patrick Souami and Frank Lostracco (definitely not Irish names!) have expressed concern about Vancouver securities entrepreneurs Peter Brown and Bruce McDonald. I've done some asking around and I have to say there's little doubt these guys are outstanding businessmen.

In fact, Crystallex would do well to consider securing their services as board members. Mr McDonald especially has an excellent background in mining -- something lacking on the present KRY board.

Peter Brown's Canaccord Capital has helped many companies get their start -- or refind their footing after setbacks -- through his financial services, and is often referred to as Vancouver's top broker. His experience and influence in the Vancouver market is legendary and his driving entrepreneurship an example for the entire industry.

As for Mr McDonald, he has a string of companies to his credit that would impress anyone on the present KRY board. Here are only some of the operations he is or has been involved with:

AGM Capital Corp
ALN Resources Corp
AMERICAN ENERGY
Aldridge Resources Ltd
Amarado Resources Ltd
American Natural Energy Corp
American Telecommunications Corporation
American Wellhead Services Inc
Ameroil Energy Corp
B-MAC TRADING
BABYPOINT INV
Bashaw Holdings Ltd
Big Creek Resources Ltd
Black Sheep Ventures Inc
Bluestar Battery Systems Int'l Corp
Breakwater Resources Ltd
Brookline Minerals Inc
CALPETRO RES
CBO Resources Corp
CONBEAU RES
CONTROLLED EQUITIES
Calpine Resources Inc
Canadian Continental Oil Corp
Canadian Industrial Minerals Corp
Churchill Resources Ltd
Clifton Star Resources Inc
Coleville Resources Ltd
Copper Stack Resources Ltd
Crimsonstar Resources Inc
Deep South Petroleum
Dueling Grounds Entertainment Corp
Dueling Grounds Thoroughbred Racing Corp
Dunlap Resources Ltd
Durham Reosurces Ltd
EAGLE EX
EMR Microwave Technology Corp
EXCALIBUR OIL
Edge Resources Ltd
Ella Resources Inc
Emerald Lake Resources Inc
First Hospitality (Canada) Corp
Fulham Explorations Inc
G E M Environmental Management Inc
GLOBEX FIN SERV
GST Telecommunications Inc
GWR Resources Inc
Galveston Resources Ltd
Gold Texas Resources Ltd
Golden Band Resources Inc
Golden Day Mining Exploration Inc
Golden Group Explorations Inc
Golden Hope Resources Inc
Golden Key Resources Ltd
Golden Knight Resources Inc
Golden Lake Resources Ltd
Golden News Resources Inc
Golden Rim Resources Inc
Golden Rule Resources Ltd
Golden Shield Resources Ltd
Golden Triangle Mining Exploration Inc
Gothic Resources Inc
Greater Temagami Mines Ltd
Greenfields Industries Inc
Greenstar Resources Ltd
Greenstar telecommunication Inc
Greystar Resources Ltd
Highland-Crow Resources Ltd
Indescor Hydrodynamics Inc
Inlet Resources Ltd
International Dunlap Minerals Corp
International Vending Technology Corp
KENNEDY RIVER GOLD
Katlor Environmental Tech Inc
Katlor Explorations Ltd
LATelco International Inc
LIBERTY PETE
Laminco Resources Inc
Latin American Telecommunications Corp
Leigh Resource Corp
Lexington Resources Ltd
Lidco Industries Inc
Lionheart Capital Corp
MCDONALD OIL
Max Communication Corp
Mendocino Resources Inc
Monica Resources Ltd
NDU Resources Ltd
NORAMCO CAP
NORAMCO TRADING
NORTHILL RES
Nelson Holdings International Ltd
Nelson Vending Technology Ltd
Noramco Mining Corp
Ohio Resources Corp
Oracle Minerals Inc
PARAMOUNT CAPITAL
PETROWAY PETE
Pacific Sentinel Gold Corp
Pamlico Gold Corp
Pamlico Resources Ltd
Paramount Resources Inc
Paramount Ventures and Finance Inc
Pentland Firth Holdings Ltd
Pentland Firth Ventures Ltd
Pilgrim Holdings Ltd
Precision Petroleum Services Inc
Pure Gold Resources Inc
Quest Capital Corp
Quest Oil & Gas Inc
Quinterra Resources Inc
ROCKWELL MIN
Rich Lode Gold Corp
Rockford Minerals Inc
Rocky Mountain Energy Corp
Roseland Resources Ltd
Royalstar Resources Ltd
SMI Oil & Gas Inc
Scarlett Minerals Inc
Severide Environmental Industries Inc
Severide Resources Inc
Sheffield Medical Technologies Inc
Sheffield Strategic Metals Inc
Spectrum Gold Corp
Speyside Ventures Inc
TARGET MGMT
US Ammunition Company Ltd
US Long Distance Corp
Universal Movie Butler Inc
Ventel Inc
Vincent Resources Ltd
WEST TREND RES
Western Pacific Energy Corp
YGC Resources Ltd
ZAHAVY MIN

Hope this helps,

Jerry Collins
CSW